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BUSINESS

Employment Index Makes Small Gain in May

The Rasmussen Employment Index, which measures workers’ perceptions of the labor market each month, gained another two points in May after a five-point recovery last month from March’s recent low.

Just 19% of working Americans now report that their firms are hiring while 23% say their firms are laying workers off. Those numbers are little changed from the month before.  It has been nearly three years since the number reporting that their firms are hiring has topped the number reporting lay-offs.

Twenty-eight percent (28%) of workers are now worried about losing their jobs in the near future. That’s down just one point from March when concern reached the highest level since September 2010.

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