Strong Hiring Projected for Remainder of 2015

Despite two months of lagging job growth, outsized third-quarter layoffs and a projected slowdown in temporary-worker demand, employers foresee more hiring during the final quarter of the year.

CareerBuilder is projecting the most robust hiring since 2006, reinforcing the findings of the recently released Jobs Outlook Survey from the Society for Human Resource Management (SHRM), which showed that nearly 70 percent of HR professionals are optimistic about hiring through year’s end.

Thirty-four percent of U.S. employers plan to hire regular full-time staff in the fourth quarter of 2015, and nearly the same percentage (33 percent) expect to add seasonal staff, according to CareerBuilder. More than half (53 percent) of retailers plan to hire seasonal workers in the fourth quarter, up 10 percentage points over last year. Manufacturers, however, are slowing down on their staffing efforts.

“When we surveyed HR professionals in July, they were fairly optimistic about hiring for the second half of the year,” said Jennifer Schramm, SHRM-SCP, manager of workforce trends at SHRM. “However, recent monthly employment expectations data from our LINE Report suggest that manufacturing firms are not hiring at the same pace they were earlier in the year. This is likely due at least in part to the strong U.S. dollar’s drag on exports.”

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