SHRM Leading Indicators of National Employment® (LINE)®

January 2017 OverviewManufacturingServices
Employment Expectations: In January, the hiring rate will rise in both sectors compared with a year ago.
+11.3

+4.6
Recruiting Difficulty: In December, recruiting difficulty dropped in manufacturing and rose in services compared with a year ago.
-2.2

+3.4
New-Hire Compensation: In December, the index for new-hire compensation fell in both sectors compared with a year ago.
-1.6

-4.9
SOURCE: January 2017 SHRM LINE Report

Employment Expectations

In January, hiring rates will increase in both sectors compared with a year ago

In January, more manufacturers and service-sector employers add jobs compared with January 2016. Headcount reductions will also decline in both sectors compared with a year ago.
 
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