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Rasmussen Employment Index Climbs To 15-Month High

Tuesday, January 31, 2012

The Rasmussen Employment Index, which measures workers’ perceptions of the labor market each month, rose almost two points in January to reach 80.7, its highest level since November 2010.

Generally speaking, an increase in the Rasmussen Employment Index suggests the upcoming government reports on job creation will be better than the prior month’s.

January’s index is four points above the level measured at the start of 2011 and is up 14 points from January 2010. While confidence in the labor market is improving, the Employment Index is still down three points from November 2010, which represented the peak of the post-bailout era.

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