Employment Net Rising Index
The Graph of the Week shows the Employment Net Rising Index from the NABE Industry Survey. From the survey highlights:
Job losses accelerated in the fourth quarter, producing the worst survey result in 17 years. Some 44% of firms cut payrolls, while only 14% added workers. Looking ahead, 39% of companies plan to reduce payrolls over the next six months, while 17% plan to increase employment. Only the services sector continues to create jobs.
NABE members can read the full survey here. A summary is available for the public here.