August hiring to follow recent pattern of gradual monthly improvement

August 7, 2009

Layoffs continue to permeate the labor market, but more companies in the manufacturing and service sectors are hiring compared with the first few months of 2009, according to the Society for Human Resource Management's (SHRM) Leading Indicators of National Employment (LINE) survey for August 2009.

Though hiring is down in August compared with the same time in 2008, more companies in both the manufacturing and service sectors will add jobs rather than conduct layoffs for the second month in a row.

The full report can be found here.