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SHRM LINE: January hiring rates to increase compared with a year ago

In January, more manufacturers and service-sector employers will add jobs compared with January 2016. Headcount reductions also will decline in both sectors compared with a year ago.

A net of 41.7 percent of manufacturers will add jobs in January (48 percent will hire; 6.3 percent will cut jobs). The sector's hiring index will increase by 11.3 points compared with a year ago.

A net of 26.2 percent of service-sector companies will hire in January (40.8 percent will add jobs; 14.6 percent will cut jobs). The index will rise by 4.6 points compared with a year ago.

The full report, which also covers recruiting difficulty and new-hire compensation trends, can be found here.