Tuesday, September 04, 2012
The Rasmussen Employment Index fell nine points in August to 72.0, the lowest level of confidence since October 2011. Worker confidence in the labor market is now roughly the same as it was in the month following the Wall Street meltdown in the fall of 2008.
Generally speaking, a decrease in the Rasmussen Employment Index suggests the upcoming government reports on job creation will be weaker than the prior month’s report.
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The survey of 8,563 working Americans was conducted in August 2012 by Rasmussen Reports. The margin of sampling error is +/- 1 percentage points with a 95% level of confidence. Field work for all Rasmussen Reports surveys is conducted by Pulse Opinion Research, LLC. See methodology.Rasmussen subscribers can log in to read the rest of this article.
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