December marks the sixth consecutive month that the hiring rate will fall in manufacturing and rise in services compared with the previous year, according to the Society for Human Resource Management’s (SHRM) Leading Indicators of National Employment (LINE) survey for December 2015.
Hiring rates will vary in December. A net of 32.9 percent of manufacturers and a net of 41.9 percent of service-sector companies will add jobs in December.
Results were mixed for recruiting difficulty in November. Manufacturers reported little change in their level of difficulty in filling key positions in November compared with the same time last year, and the index rose slightly for service-sector companies.
Pay rates improved for some new hires in November. The index for new-hire compensation was unchanged in manufacturing and rose modestly in services 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.