SHRM Leading Indicators of National Employment® (LINE®) - October 2013

News Updates

Hiring Activity Will Accelerate in October in Manufacturing, Services

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

■■ Payroll expansion expected in October. A net of
41.9 percent of manufacturers will add jobs in October,
and a net of 37.3 percent of service-sector companies
will grow payrolls during the month.
■■ Recruiting difficulty rose in September. Difficulty
in recruiting candidates for key jobs reached four-year
highs in both sectors for the month of September.
■■ Job vacancies spiked in September. Openings for
salaried jobs in manufacturing and services hit fouryear
highs in both sectors for the month of September.
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.