In August, half of manufacturers and more than one-third of service-sector companies will conduct hiring, according to the Society for Human Resource Management’s (SHRM) Leading Indicators of National Employment (LINE) survey for August 2013.
- August hiring rates will be strong. A net of 49.9 percent of manufacturers will add jobs in August, and a net of 35.1 percent of service-sector companies will grow payrolls during the month.
- Recruiting difficulty increased in July. Difficulty in recruiting candidates for key jobs was at a four-year high for the month of July in both sectors.
- New-hire compensation rates changed little in July. The rate of increase in new-hire compensation fell in manufacturing and rose in services compared with a year ago.
The LINE Employment 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.
Click here to see the SHRM LINE August 2013 Report.
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