Tuesday, September 02, 2014
The Rasmussen Employment Index which measures worker confidence reached a new all-time high in August after falling for two months in a row.
At 101.2, worker confidence is up nearly three points from July’s 98.4 and marks the highest finding in six years of regular tracking. The index reached its previous high in May at 100.1. The index fell to a recent low of 81.2 last October but gained steadily after that. It stood at 86.5 in August of last year.
Generally speaking, an increase in the Rasmussen Employment Index suggests the upcoming government report on job creation will be stronger than the prior month’s reports.Rasmussen subscribers can log in to read the rest of this article.
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