Strong Hiring Rates Expected in October for Manufacturing and Service Sectors, SHRM LINE Report Predicts

Oct 2, 2014
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Recruiting difficulties continued in September for the seventh straight month

ALEXANDRIA, Va. — Hiring rates are expected to reach four-year highs in the month of October, according to the Society for Human Resource Management’s Leading Indicators of National Employment® (LINE) Report.

More than two in five manufacturers (45.4 percent) and service-sector companies (40.7 percent) will add jobs this month—a 3.5-point rise in hiring for manufacturing and a 3.4-point increase for the service-sector industry compared to a year ago.

October also will mark the seventh straight month that manufacturing hiring will increase when compared with the previous year.

The SHRM LINE Report, based on a survey of human resource professionals, predicts employment activity for the coming month about 30 days before statistics on employment for the same time frame are available from the U.S. Bureau of Labor Statistics.

Surveyed HR professionals reported that recruiting difficulty for candidates for key jobs rose in September compared with the previous year, for the seventh straight month.

“With many organizations hiring, competition for the best candidates may be heating up,” explained Jennifer Schramm, manager of workforce trends at SHRM. “The difficulty filling key jobs may be why rates for some new-hire positions improved in September for both the manufacturing and service sectors.”

Last month in the manufacturing sector, a net total of 11.5 percent of respondents reported increasing new-hire compensation, an increase of 5.3 points from September 2013. In the service sector, a net total of 12 percent of companies increased new-hire compensation in September, up 4.3 points from a year ago.

The LINE Report provides a snapshot of month-ahead hiring expectations and examines difficulty in recruiting top-level talent, new-hire compensation and job vacancies. Respondents include HR professionals from private service-sector companies and manufacturing companies. Together, these sectors employ more than 90 percent of U.S. private-sector workers.

Media: To read the full SHRM LINE Report, visit The Jobs Outlook Survey Report is available at Follow SHRM Research on Twitter @SHRM_Research.

The SHRM LINE Report is typically released at 8:30 a.m. Eastern time on the first Thursday of each month. The SHRM employment expectations index describes the same time period referenced a month later by the Bureau of Labor Statistics’ Employment Situation report.

For more information or an interview with a LINE researcher, contact Vanessa Gray of SHRM Public Affairs at 703-535-6072 or

About the Society for Human Resource Management
Founded in 1948, the Society for Human Resource Management (SHRM) is the world’s largest HR membership organization devoted to human resource management. Representing more than 275,000 members in over 160 countries, the Society is the leading provider of resources to serve the needs of HR professionals and advance the professional practice of human resource management. SHRM has more than 575 affiliated chapters within the United States and subsidiary offices in China, India and United Arab Emirates. Visit us at and follow us on Twitter @SHRMPress.
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