U.S. Factories Are Firing, Not Hiring

U.S. Factories Are Firing, Not Hiring
A factory employment measure signals payroll cuts

The Labor Dept.’s factory employment diffusion index measures employment trends across a broad range of industries. The index hit 42 in August, down from 56.8 in July. Readings of less than 50 signal more industries are cutting payrolls than increasing staff.

Before it's here, it's on the Bloomberg Terminal. LEARN MORE