Rasmussen Employment Index Continues Slow Climb
The Rasmussen Employment Index, which measures workers’ perceptions of the labor market each month, inched up slightly in February.
At 78.7, the Index is up a point and a half since January.With just a single exception, this is the highest Rasmussen Employment Index reading since September of 2008. The Index is up nine points from a one year ago and 18 points from two years ago.
Twenty percent (20%) of working American workers now report their firms are hiring, showing no change from last month. Twenty-two percent (22%) say their firms are laying workers off, up a point from January. It has been nearly three years since the number reporting that their firms are hiring has topped the number reporting lay-offs.
Among private sector managers, 28% say their firms are hiring while the same number (28%) say they are laying off workers.
These results come as just 20% of Americans believe the labor market is better than it was a year ago. Thirty-seven percent (37%) believe it’s worse.
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