November 2016 Overview | Manufacturing | Services |
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Employment Expectations: In November, the hiring rate will rise in manufacturing and fall in services compared with a year ago. | +1.5 | -6.7 |
Recruiting Difficulty: In October, recruiting difficulty dropped in both sectors compared with a year ago. | -9.1 | -16.1 |
New-Hire Compensation: In October, the index for new-hire compensation rose in manufacturing and fell in services compared with a year ago. | +0.6 | -7.2 |
SOURCE: November 2016 SHRM LINE Report |
Employment Expectations
In November, hiring rates will be mixed compared with a year ago
In November, more manufacturers will add jobs compared with the previous year, while service-sector employers will hire at a lower rate. Layoff rates will also decline in both sectors compared with November 2015.
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