Washington, DC, United States (AHN) – Employers in both the manufacturing and service sectors expect to hire more people in November, according to a report released Friday by the Society for Human Resource Management (SHRM).
Every month SHRM surveys over 1,000 HR professionals in U.S. manufacturing and service sectors for its Leading Indicators of National Employment (LINE) report. SHRM ask questions regarding changes in employment expectations, job vacancies, the level of difficulty in recruiting and new-hire pay.
SHRM found that employers expect hiring to be up in November for the 13th straight month. Hiring should increase by 10.7 percent in the manufacturing sector and by 11.3 percent in the service sector.
HR professionals report that it was more difficult to recruit for key positions in October compared to a year earlier.
New-hire compensation increased in October. Pay increased by 3.3 percent for manufacturing workers and by 4.1 percent for new hires in service sector jobs.
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