SHRM LINE: November hiring rates to be mixed compared with a year ago

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

A net of 41.4 percent of manufacturers will add jobs in November (48 percent will hire, 6.6 percent will cut jobs). The sector's hiring index will increase by 1.5 points compared with a year ago.

A net of 37.2 percent of service-sector companies will hire in November (45.3 percent will add jobs, 8.1 percent will cut jobs). The index will fall by 6.7 points compared with a year ago.

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