SHRM Leading Indicators of National Employment® (LINE®) November 2013

Steady Hiring and Few Layoffs Expected in November

 In November, the pace of hiring in manufacturing and
services will rise compared with a year ago, according
to the Society for Human Resource Management’s
(SHRM) Leading Indicators of National Employment
(LINE) survey for November 2013.

■■ Strongest hiring rate in four years is expected for
November. A net of 40.4 percent of manufacturers
and a net of 34.1 percent of service-sector companies
will add jobs in November.

■■ Recruiting difficulty edged up in October. Difficulty
in recruiting candidates for key jobs reached
four-year highs in both sectors for the month of
October.

■■ Job vacancies barely changed in October. Job
openings in manufacturing and services showed little
movement in October 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.

To view the full report, please click here.

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