Posted on 08/04/2017 8:27:02 AM PDT by 2ndDivisionVet
The Gallup Good Jobs (GGJ) rate rose nearly a percentage point to 47.0% in July, from 46.3% in June. The GGJ rate now ties the highest point for the measure since 2010, 47.1% in July of last year.
The July figures are based on Gallup Daily tracking throughout the month, encompassing interviews with 28,383 U.S. adults.
The increase in the July GGJ rate is not unexpected, as the measure typically rises between the spring and summer months, peaking in June or July. The measure has risen each year, from the onset of spring in March to July, since Gallup began tracking the measure in 2010.
At 47.0%, the July GGJ rate is more than five percentage points higher than the all-time low for the measure, 41.7% in February 2011. That low point occurred as the economy was still recovering from the effects of the Great Recession.
The GGJ rate is the percentage of U.S. adults, aged 18 or older, who are employed on a full-time basis, at least 30 hours a week. Not included in the measure are individuals who are self-employed, work fewer than 30 hours a week, are unemployed or are out of the workforce. The GGJ metric reflects only those who are employed on a full-time basis for an employer and does not include measures of job satisfaction or compensation. The GGJ rate is not seasonally adjusted.....
(Excerpt) Read more at gallup.com ...
The O&G industry in Texas desperately needs some of that job growth.
Glad to say it’s Trump’s fault.
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