2017 Economic Calendar
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Gallup U.S. Job Creation Index  
Released On 6/7/2017 8:30:00 AM For May, 2017
PriorActual
level36 +37 

Highlights
Gallup's Job Creation Index reading was plus 37 in May, tied with the record high found in March. The index has now been at plus 30 or higher for 15 straight months. he index has generally been moving upward since bottoming out at -5 in April 2009 during the Great Recession. It has been in positive territory since February 2010. The index is at an all-time high, reflecting an improving job market.

In May, 46 percent of employees said their company was hiring, compared with 45 percent in April. Meanwhile, the percentage who said their company was letting workers go held steady at 9 percent. Forty percent of workers said their employer was not changing the size of its workforce.

Worker reports of hiring have been much less positive in the East than in the other regions of the country. In the East, the index averaged plus 31 in May, compared with scores of plus 42 in the South, plus 38 in the Midwest and plus 37 in the West. This year, Southern and Midwestern employees have generally been more likely to report net job creation than have workers in the West. The East has experienced virtually no growth since last fall.

Definition
Gallup's Job Creation Index is based on the core assumption that random samples of thousands of employed Americans in all parts of the country and across industries can provide accurate and up-to-date assessments reports of their companies' hiring and firing decisions. In the aggregate, these individual-level workplace reports provide an important assessment of hiring activity nationwide. In essence, this behavioral economics-based jobs measure asks respondents to evaluate and report on the behavior of their companies as opposed to their own behavior in the job market (employment/unemployment) or their overall perceptions of job market conditions (quality job).  Why Investors Care
 

2017 Release Schedule
Released On: 1/42/13/14/55/36/77/58/2
Release For: DecJanFebMarAprMayJunJul
 


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