Economic data from Gallup

As I’ve mentioned before, Gallup is the group of people responsible for generally the best and most scientific polling data in the nation–especially around election season. They also keep a running tab on the President’s approval ratings, and every now and again, they release some data on economic indicators. What they’ve found is that while consumer confidence has been rising, spending and job creation have been remaining relatively steady as low levels. Job creation remains around 35% less than it was last year at this time while consumer spending is down roughly 33%.

What this means is really kind of up in the air. Things could pick up and get better. But honestly, the job creation data is somewhat concerning, as without more jobs, the recession is likely to continue. That said, 25% of employees reported that their companies were hiring. There are jobs out there. You just have to go find them.

Leave a Reply

Please log in using one of these methods to post your comment: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s