globaleconomicanalysis.blogspot.com / By Mike “Mish” Shedlock / Wednesday, January 02, 2013 10:20 PM
Gallup reports U.S. Job Creation Steady in December, but hiring in the nongovernment job sector stalls.
The following charts (trendlines added by me) reflect answers to Gallup’s question: Based on what you know or have seen, would you say that, in general, your company or employer is 1) hiring new people and expanding the size of its workforce, 2) not changing the size of its workforce, 3) letting people go and reducing the size of its workforce.
Percentage of Employers Hiring Minus Those Letting Go
The hiring momentum that began in early 2009 slowed in mid-2011. Momentum vanished (at best) in March or April of 2012.
