In February, the hiring rate will fall slightly in manufacturing and will remain nearly unchanged in services compared with the previous year, according to the Society for Human Resource Management’s (SHRM) Leading Indicators of National Employment (LINE) survey for February 2016.
- Steady hiring expected in February. A net of 47.5 percent of manufacturers and a net of 36.9 percent of service-sector companies will add jobs in February.
- Recruiting difficulty rose in January. More manufacturers and service-sector companies reported difficulty in filling key positions in January compared with a year ago.
- Pay rates improved for some new hires in January. The index for new-hire compensation rose slightly in both sectors in January compared with a year ago.
The LINE Report examines four key areas: employers’ hiring expectations, new-hire compensation, difficulty in recruiting toplevel 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.