SHRM Leading Indicators of National Employment® (LINE)®

12/7/2016
Joseph Coombs
December 2016 OverviewManufacturingServices
Employment Expectations: In December, the hiring rate will rise in manufacturing and fall in services compared with a year ago.
+3.8

-6.0
Recruiting Difficulty: In November, recruiting difficulty dropped in manufacturing and was virtually unchanged in services compared with a year ago.
-3.4

+0.1
New-Hire Compensation: In November, the index for new-hire compensation rose in manufacturing and fell in services compared with a year ago.
+5.5

-10.8
SOURCE: December 2016 SHRM LINE Report

Employment Expectations

In December, changes in employment will be mixed compared with a year ago

In December, more manufacturers will add jobs compared with the previous year, while service-sector employers will hire at a lower rate. Headcount reductions will also decline in both sectors compared with December 2015. 
 
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