SHRM Leading Indicators of National Employment® (LINE)®

11/4/2016
SHRM
November 2016 OverviewManufacturingServices
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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