Mixed Hiring Results Expected in November Compared With a Year Ago
In November, a net of roughly two-fifths of manufacturers and service-sector companies will add jobs during the month, according to the Society for Human Resource Management’s (SHRM) Leading Indicators of National Employment (LINE) survey for November 2015.
- Hiring rates will be mixed in November. A net of 39.9 percent of manufacturers and a net of 43.9 percent of service-sector companies will add jobs in November.
- Recruiting difficulty increased again in October. For the 19th straight month, difficulty in recruiting candidates for key jobs reached four-year highs in both sectors.
- Pay rates improved for some new hires in October. The index for new-hire compensation rose in both sectors compared with a year ago. The LINE Report examines four key areas: employers’ hiring expectations, new-hire compensation, difficulty in recruiting top level talent and job vacancies. It is based on a monthly survey of private-sector human resource professionals at more than 500 manufacturing and 500 service-sector companies. Together, these two sectors employ more than 90 percent of the nation’s private-sector workers.
To read the November 2015 SHRM LINE Report, please click here.