Replies to post #619794 on *SCALPSWINGSTRADDLE* ($$$)

[Zephyr]

Gallup U.S. Job Creation Index
Released On 11/6/2013 8:30:00 AM For Oct, 2013
Prior Actual
level 21 19
Highlights
In a month when government workers at all levels reported less hiring at their workplaces, Gallup's Job Creation Index dipped slightly in October to +19, the first time since April the index has registered below plus 21. From a longer-term perspective, the index in October is similar to its 2012 average and remains higher than the depressed levels seen from the second half of 2008 through 2011.

October's Job Creation Index is based on 36 percent of all full- and part-time U.S. workers saying their employer is hiring employees and expanding the size of its workforce, and 17 percent saying their employer is letting workers go and reducing the overall size of its workforce. While slightly worse than what Gallup has found in recent months, last month's plus 19 index score is the tied for the most positive for any October since Gallup began tracking job creation in 2008.

In a month notable for the partial federal government shutdown, federal worker reports of net hiring fell six points to minus 10. However, net hiring reports soured just as much among local government workers, shifting from a plus 15 net hiring score in September to plus 9 in October. They also dipped among state government workers, going from plus 17 to plus 14.

Net hiring fell slightly in October, entirely due to less hiring at all levels of government, while private-sector hiring held steady. Nevertheless, the hiring picture remains stronger than it has been in recent years, with only federal workers reporting more layoffs than hiring, on balance.