US / Job Creation Best in Five Years finds Gallup

Gallup’s U.S. Job Creation Index increased to 22 in May, the highest score for any month since April 2008.

The Job Creation Index is now much improved from the all-time monthly low of -5 recorded in February and April 2009.

The net job creation score is based on 37% of workers telling Gallup that their employer is hiring new people and expanding the size of its workforce, and 15% saying their company is letting people go and reducing the size of its workforce. The percentage “hiring” is the highest since August 2008 and the percentage “letting people go” is the lowest since March 2008.

Chosen excerpts by Job Market Monitor

via U.S. Job Creation Best in Five Years.