SHRM LINE: Mixed results anticipated for September hiring compared with a year ago

In September, hiring rates will be mixed as HR professionals continue to struggle with recruiting candidates for key positions, according to the Society for Human Resource Management’s (SHRM) Leading Indicators of National Employment (LINE) survey for September 2015.

The hiring rate will reach a four-year high in the service sector, and the rate of job creation in manufacturing will decline compared with a year ago. The layoff rate will also rise in manufacturing and will fall in the service sector compared with September 2014.

A net of 41.2 percent of manufacturers will add jobs in September (53.9 percent will hire, 12.7 percent will cut jobs). The sector’s hiring index will fall by 9.3 points compared with a year ago.

A net of 49 percent of service-sector companies will conduct hiring in September (55 percent will add jobs, 6 percent will cut jobs). The index will rise by 19.1 points compared with a year ago.

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