Strong Hiring Expected in June, but Results Will Be Mixed Compared with a Year Ago

Jun 20, 2016

In June, the rate of job creation will drop in manufacturing and rise modestly in services compared with the previous year, according to the Society for Human Resource Management’s (SHRM®) Leading Indicators of National Employment (LINE®) survey for June 2016.

Healthy hiring expected in June in both sectors. A net of more than one half of manufacturers (50.8 percent) and service-sector companies (51.2 percent) will add jobs in June.

Recruiting difficulty eased again in May. In May, for the third consecutive month, the level of difficulty in filling key positions was lower in both sectors compared with the previous year.

Results were varied for new-hire pay rates in May. The index for new-hire compensation rose in manufacturing and fell in services in May compared with a year ago.

The LINE Report examines four key areas: employers’ hiring expectations,new-hire
compensation, difficulty in recruiting top-level talent and job vacancies.It is based on a monthly survey of private-sector human resource professionals at more than 500 manufacturing and 500 service-sector companies.Together, these two sectors employ more than 90 percent of the nation’s private-sector workers.