Rasmussen Employment Index

Rasmussen Employment Index Dips Slightly in June

Tuesday, June 29, 2010

The Rasmussen Employment Index slipped a point in June after reaching a multi-year high the month before.

At 73.8, the index is still higher than results found all of last year. It is up five points from its level one year ago but is down slightly from its level two years ago.

Now, 18% of workers report their firms are hiring, down one point from last month. Twenty-five percent (25%) of working Americans say their firms are laying workers off, down slightly from last month. June was the 21^st straight month during which the number of workers who report their firms are laying off was higher than the number who said their firms were hiring.

Among private sector managers, just 23% say their firms are hiring, while 23% say their firms are laying people off, marking an improvement from last month.

Typically, a decrease in the Employment Index suggests that the government’s official report on job creation will be weaker than the month before.

Twenty-eight percent (28%) of workers are worried about losing their jobs, up slightly from last month. A year ago, roughly the same number (27%) were worried about losing their jobs.

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The survey of 8,405 working Americans was conducted in June 2010 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.

Twenty-nine percent (29%) of working Americans say their own personal finances are getting better, showing no change from last month. The plurality (43%) continues to report their finances are getting worse.

Overall 37% rate their personal finances as good or excellent, while 20% say their finances are in poor shape.

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Scott Rasmussen, president of Rasmussen Reports, has been an independent pollster for more than a decade. To learn more about our methodology, click here.

The Rasmussen Employment Index is based on monthly telephone surveys with approximately 9,000 U.S. workers. The margin of sampling error for a survey based on this number of interviews is approximately +/-1 percent with a 95 percent level of confidence. Field work for all Rasmussen Reports surveys is conducted by Pulse Opinion Research, LLC. See methodology.

Rasmussen Employment Index History
Jun 2010	73.8
May 2010	74.8
Apr 2010	73.4
Mar 2010	69.4
Feb 2010	70.1
Jan 2010	66.3
Dec 2009	63.9
Nov 2009	61.7
Oct 2009	66.1
Sep 2009	65.6
Aug 2009	63.9
July 2009	57.8
June 2009	68.4
May 2009	66.7
April 2009	64.2
March 2009	61.7
Feb 2009	60.9
Jan 2009	61.1
Dec 2008	67.0
Nov 2008	68.1
Oct 2008	72.1
Sep 2008	88.1
Aug 2008	82.2
July 2008	79.5
June 2008	78.6
May 2008	84.6
Apr 2008	82.9
Mar 2008	83.8
Feb 2008	87.1
Jan 2008	89.4
Dec 2007	89.3
Nov 2007	92.4
Oct 2007	99.7
Sep 2007	97.7
Aug 2007	99.6
Jul 2007	105.3
Jun 2007	101.5
May 2007	107.9
Apr 2007	107.0
Mar 2007	108.3
Feb 2007	106.8
Jan 2007	103.4
Dec 2006	104.9
Nov 2006	106.0
Oct 2006	100.4

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