SHRM: December LINE Report

In December, hiring activity will be stronger in services than in manufacturing compared with a year ago, according to the Society for Human Resource Management’s (SHRM) Leading Indicators of National Employment (LINE) survey for December 2012.
Job creation will be steady in December. More than one in four manufacturers (25.3 percent) and more than one in three service-sector companies (34 percent) will add jobs in December. Yet, for the first time in five months, the hiring rate will decline in the manufacturing sector compared with a year ago.
Recruiting difficulty was mixed in November. Difficulty in recruiting candidates for key jobs fell slightly in manufacturing and rose in services compared with a year ago. Other recent SHRM findings show that many employers are still having trouble matching the skills of job seekers with open positions.
Job openings rose in services in November. Perhaps due to increased holiday hiring, vacancies for salaried and nonsalaried jobs increased in services ompared with a year ago. LINE’s exempt vacancy data has not followed a specific trend in recent months, although the servicesector net total for November is the highest net in four years for the month.
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. 
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