In December, more manufacturers will add jobs compared with the previous year, while service-sector employers will hire at a lower rate. Headcount reductions will also decline in both sectors compared with December 2015.

A net of 36.7 percent of manufacturers will add jobs in December (44.9 percent will hire, 8.7 percent will cut jobs). The sector's hiring index will increase by 3.8 points compared with a year ago. A net of 35.9 percent of service-sector companies will hire in December (41.7 percent will add jobs, 5.8 percent will cut jobs). The index will fall by 6 points compared with a year ago.

The LINE employment expectations index provides an early indication of the U.S. Bureau of Labor Statistics (BLS) Employment Situation report findings. BLS numbers covering the same time period are released approximately one month after the LINE report.

Source:SHRM