Hiring Expectations Peaked Last November
Last November, the Rasmussen Employment Index capped four months of improvement by reaching its highest level since February 2008. At that time, the number of workers who reported their firms were hiring (20.5%) was nearly equal to the number reporting layoffs (20.7%). That was the best net hiring number (-0.2) since the financial industry melted down in September 2008. It also turns out to be the peak of the post-bailout era.