Rasmussen Employment Index Inches Up Slightly In September
The Rasmussen Employment Index, which measures workers’ perceptions of the labor market each month, regained some lost ground in September following August’s 2011 low.
At 73.4, the Employment Index is up four points from August but is still down four points from the beginning of 2011 and down 10 points since last November when hiring expectations peaked. Generally speaking, an increase in the Rasmussen Employment Index suggests the upcoming government reports on job creation will be better than prior months.