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Job creation index

From Wikipedia, the free encyclopedia

A job creation index is a measure of net hiring of full- and part-time adult workers. In the US, the index score is derived by subtracting the percentage of American workers who say their employers are 'firing' from the percentage of workers who say their employers are 'hiring'.[1][2]

United States

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The job creation index has been increasing since falling to -5 in February 2009 during the Great Recession.[3]

According to Gallup, in 2013 North Dakota was ranked number 1 for job creation in the US and had the highest job creation index with a score of 40, thus surpassing its closest competitors District of Columbia and South Dakota's score by 10 points. North Dakota has held this spot since 2009. Rhode Island earned a spot at the bottom of the job creation index with a score of 12. In 2013, the average score in the U.S. was 20, up 2 points from 2012. Nearly all states have shown significant improvement in job creation. The survey showed that northern states in the midwest are seeing a growth in jobs much more so than in other parts of the US.[4] The results are based on telephone interviews from Gallup, which took place from January 2, 2013 - December 29, 2013. Gallup surveyed 208,758 adults employed full or part-time in all 50 states.[1]

In July 2017, the job creation index returned to its all-time high of +37. This was one point higher than the index score in June.[3]

Politics

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Three of the top five job creation index scores of 2013 are heavily Republican while a significant number of the states with the bottom index scores (six out of the bottom seven) are heavily Democratic. However, Gallup assessed, “Apart from this, there is little correspondence between net hiring and partisan affiliation in the states."[5]

United States 2013 scores

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Top 10 scores of 2013[1]
States Job creation index
North Dakota 40
District of Columbia 30
South Dakota 30
Delaware 29
Nebraska 29
Minnesota 28
Texas 27
Michigan 25
Iowa 25
Arizona 23
Bottom 10 scores of 2013[1]
States Job Creation Index
Rhode Island 12
New Mexico 13
Vermont 13
West Virginia 14
New York 15
Connecticut 15
Maine 16
North Carolina 16
New Hampshire 16
Kentucky 16

See also

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References

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  1. ^ a b c d Saad, Lydia (12 February 2014). "North Dakota Leads in Job Creation for Fifth Straight Year". Gallup. Retrieved 12 February 2014.
  2. ^ Well, Dan (5 February 2014). "Gallup Job Creation Index Unchanged in January". Money News. Retrieved 26 February 2014.
  3. ^ a b Swift, Art (August 2, 2017). "U.S. Job Creation Index Back at Record High in July". Gallup. Retrieved 25 January 2018.
  4. ^ Patterson, Sean (12 February 2014). "Need a Job? Head For North Dakota". Web Pro News. Retrieved 12 February 2014.
  5. ^ Trujillo, Mario (12 February 2014). "Gallup: ND continues to top job creation survey". The Hill.
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