|
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EMPLOYMENT EXPECTATIONS DROP SIGNIFICANTLY
|
Manufacturing |
Service |
|
Hiring in both the manufacturing and service sectors for October 2008 is down sharply as expectations reach the lowest October levels in four years.
|
-17.8
|
-20.3
|
|
RECRUITING DIFFICULTY EASES |
Manufacturing |
Service |
|
Recruiting has gotten easier in both sectors since September 2007. |
-26.2
|
-3.0
|
|
NEW-HIRE COMPENSATION MIXED |
Manufacturing |
Service |
|
New-hire compensation improved slightly in the manufacturing sector in September 2008, but dropped in the service industry. |
3.7
|
-4.1
|
|
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Society for Human Resource Management (SHRM)
Leading Indicators of National Employment (LINE)
Need data on what’s really happening in the job market? The SHRM LINE Employment Report covers the service and manufacturing sectors on key areas for recruiting each month:
- The only national employment indicator that includes hiring expectations for the month ahead – released one month earlier than the Bureau of Labor Statistics (BLS) Employment Situation Report covering the same period
- Month to month data on new-hire compensation changes
- The only published measure of recruiting difficulty of highly qualified candidates for the most critical positions.
Contacts:
- For questions on LINE data please contact SHRM Research at (703) 535-6301 or line@shrm.org.
- Members of the media should contact SHRM Media Affairs at (703) 535-6356 or press@shrm.org.
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