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— Fewer human resource professionals are optimistic about the fourth-quarter jobs market compared with one year ago, reports the Society for Human Resource Management (SHRM).
Just over one-third—34 percent—of human resource professionals anticipate job growth during the fourth quarter of 2011 compared with 57 percent who expressed confidence in the 2011 second-quarter outlook.
SHRM also reports that nearly four in 10 (37 percent) human resource professionals said their company plans to add jobs during the fourth quarter of 2011. The number marks a decline from the previous quarter when 44 percent of companies hired workers.
The findings are highlighted in the
SHRM Jobs Outlook Survey
(JOS), a biannual report published by SHRM.
The SHRM JOS provides a snapshot of hiring optimism for the quarter ahead and trends that unfolded in the most recent quarters.
“Many employers are getting more productivity out of their current staff by increasing their workers’ hours on the job,” said Jennifer Schramm, GPHR, and manager of workplace trends and forecasting at SHRM. “Human resource professionals said hourly workers logged longer hours in the third quarter of 2011 but anticipate the long days will not continue into the fourth quarter.”
Additional findings from the fourth-quarter 2011 SHRM JOS show:
The fourth-quarter SHRM JOS report also shows third-quarter trends:
For details, visit the labor market and economic data section of SHRM.org at
http://www.shrm.org/jos. Follow SHRM Research on Twitter @SHRM_Research.
For more information or to schedule an interview with a labor market expert, contact Julie Malveaux of SHRM Media Relations at 703-535-6273 and
email@example.com or Jennifer Hughes at 703-535-6072 and
The Society for Human Resource Management (SHRM) is the world’s largest association devoted to human resource management. Representing more than 250,000 members in more than 140 countries, the Society serves the needs of HR professionals and advances the interests of the HR profession. Founded in 1948, SHRM has more than 575 affiliated chapters within the United States and subsidiary offices in China and India.
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