Rasmussen Employment Index Dips Following Recent High
After reaching a three-year high in February, the Rasmussen Employment Index slipped four points in March to 83.5
Twenty-two percent (22%) of working Americans in March reported that their firms are hiring while 20% report layoffs. The hiring number is down one point from February.
Generally speaking, a decrease in the Rasmussen Employment Index suggests the upcoming government reports on job creation will be weaker than the prior months. The Index measures workers’ perceptions of the labor market and is reported each month.
The survey of 8,987 working Americans was conducted in March 2012 by Rasmussen Reports. The margin of sampling error is +/- 1 percentage points with a 95% level of confidence. Field work for all Rasmussen Reports surveys is conducted by Pulse Opinion Research, LLC. See methodology.
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