Net Rising Index, Employment, NABE Industry Survey July 2008
The Graph of the Week is the Net Rising Index for Demand from the July 2008 NABE Industry Survey. From the survey:
Employment levels are holding up reasonably well, especially in the services sector. During the second quarter, 27% of all respondents reported rising employment at their firms, while only 12% reported job cuts. The resulting NRI of 15 represented an improvement from 8 in the April survey. Hiring plans for the next six months are cautious: 29% of firms plan to increase employment while 20% will cut jobs.
NABE members can read the full survey online. A summary is available to the public