HR Professionals More Confident in Labor Market than Any Time in Last 6 Years, SHRM Jobs Survey Shows

Four out of five HR professionals also reported faith in their organizations’ financial health

Sep 30, 2015
LIKE SAVE PRINT
Reuse Permissions

ALEXANDRIA, Va. — Confidence in the U.S. labor market continued to climb among HR professionals this year, with more than two-thirds (69 percent) of HR professionals reporting confidence, according to the — Confidence in the U.S. labor market continued to climb among HR professionals this year, with more than two-thirds (69 percent) of HR professionals reporting confidence, according to the Jobs Outlook Survey from the Society for Human Resource Management (SHRM).

The positive response represents the highest level of optimism among HR professionals since the survey was launched in January 2009.

In another sign of optimism, more than four out of five HR professionals (85 percent) had positive views on their organizations’ financial health.

“Because HR professionals are actively involved in their organizations’ hiring activities, they have special insight into the ways their organizations are expanding, or are planning to expand, their workforce,” said Jen Schramm, manager of workforce trends at SHRM. “Their continued optimism indicates that the labor market has not lost its momentum as we begin to round out 2015.”

The SHRM report examines hiring and recruiting trends based on an annual survey of more than 600 public- and private-sector human resource professionals who have a role in staffing decisions. Survey respondents represent all sizes of companies in the United States.

HR professionals’ optimism, however, varied depending upon organization sector. Respondents from the government were the most confident at a combined level of 79 percent. Those from the nonprofit sector had the lowest combined level of faith in the job market at 59 percent.

Only 7 percent of respondents said their organizations would have layoffs during the second half of 2015, down from 9 percent in the second half of 2014.

A summary of the findings and past surveys are available online at www.shrm.org/research/monthlyemploymentindices/lmo/pages/default.aspx. Follow SHRM Research on Twitter @SHRM_Research.

Media: For more information or to schedule an interview, contact Vanessa Gray at 703-535-6072 and Vanessa.Gray@shrm.org or Kate Kennedy of SHRM Media Relations at 703-535-6260 and Kate.Kennedy@shrm.org.

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 SHRM Online at ice 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 SHRM Online at shrm.org and follow us on Twitter @SHRMPress.

LIKE SAVE PRINT
Reuse Permissions

MEMBERSHIP

Become a SHRM Member

Join/Renew Today

Job Finder

Find an HR Job Near You

SPONSOR OFFERS

Find the Right Vendor for Your HR Needs

SHRM’s HR Vendor Directory contains over 3,200 companies

Search & Connect