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BUSINESS

October Employment Index Shows Less Confidence Among Workers

The Rasmussen Employment Index, which measures workers’ perceptions of the labor market each month, slipped two points in October to 71.7.

The Employment Index is still up two points from August’ recent low of 69.3, but worker confidence is down five points from the beginning of 2011 and six points from last October. Generally speaking, a decrease in the Rasmussen Employment Index suggests the upcoming government reports on job creation will be worse than prior months.

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The survey of 8,501 working Americans was conducted in October 2011 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 .

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