(Gallup) U.S. Job Creation Holds at Six-Year High

Gallup’s U.S. Job Creation Index held steady in August at +28, tying the six-year high reached in July. This is up from +22 in August a year ago. The index has been fairly flat since May, when it reached +27, after trending up in the first few months of 2014.

Gallup’s Job Creation Index is a measure of net hiring in the U.S. as reported by a nationally representative sample of full- and part-time workers. In August, 41% of workers said their employer is hiring and expanding the size of its workforce, while 13% said their employer is letting workers go and reducing the size of its workforce, resulting in the +28 net hiring score.

This is only the second month since 2008 — the first being last month — that slightly more workers reported their employer is hiring rather than maintaining the status quo.

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