Hiring Expected to Be Strong in October, Despite Recruiting Struggles

10/2/2015
SHRM

In October, more than two out of five manufacturing and service-sector companies will add jobs, according to the Society for Human Resource Management’s (SHRM) Leading Indicators of National Employment (LINE) survey for October 2015.

  • Hiring rates will be steady in October. A net of 45.3 percent of manufacturers and service-sector companies will add jobs in October.
  • Recruiting difficulty rose in September. For the 17th straight month, difficulty in recruiting candidates for key jobs reached four-year highs in both sectors.
  • Pay rates improved for some new hires in September. The index for new-hire compensation rose in both sectors 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.

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