Get access to the exclusive HR Resources you need to succeed in 2018.
Sign up for free email newsletters and get more SHRM content delivered to your inbox.
Is your employee handbook keeping up with the changing world of work? With SHRM's Employee Handbook Builder get peace of mind that your handbook is up-to-date.
Build competencies, establish credibility and advance your career—while earning PDCs—at SHRM Seminars in 14 cities across the U.S. this fall.
Gain the skills you need to rise to the next level in your career. Jon us at SHRM's Leadership Development Forum, October 2-3 in Boston.
Members may download one copy of our sample forms and templates for your personal use within your organization. Please note that all such forms and policies should be reviewed by your legal counsel for compliance with applicable law, and should be modified to suit your organization’s culture, industry, and practices. Neither members nor non-members may reproduce such samples in any other way (e.g., to republish in a book or use for a commercial purpose) without SHRM’s permission. To request permission for specific items, click on the “reuse permissions” button on the page where you find the item.
ALEXANDRIA, Va. — Hiring will be stronger in February, with more than two in five manufacturers and service-sector companies planning to add to their payrolls during the month, the Society for Human Resource Management (SHRM) said today in its
Leading Indicators of National Employment® (LINE) report.
“Reported layoff rates are down compared with a year ago,” said Jennifer Schramm, manager of workforce trends at SHRM. “And employment expectations have reached four-year highs for the month.”
A net of 47.4 percent of manufacturers will add jobs in February. The sector’s hiring index will increase by 0.2 points compared with a year ago. A net of 44.8 percent of service-sector companies will grow payrolls in February. The index will increase by 11.7 points compared with last 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 are available from the U.S. Bureau of Labor Statistics.
Despite a positive hiring outlook, recruiting difficulty changed little in January compared to last year. “For now, HR professionals are not reporting serious difficulty filling their organizations’ most strategic job openings,” Schramm said.
A net of 7.6 percent of manufacturing respondents had more difficulty with recruiting in January, a decline of 0.3 points from January 2013. A net of 6.0 percent of service-sector HR professionals had more difficulty recruiting in January, down 2.6 points from a year ago.“Similarly, new-hire compensation stayed fairly flat in January,” Schramm said. “It will be interesting to see if improved hiring rates become a steady trend in 2014 and if this will eventually translate into more difficulty filling key positions and a boost in the compensation packages being offered to new hires.”
The LINE report provides a human resource snapshot of month-ahead hiring expectations and examines new-hire compensation, difficulty in recruiting top-level talent and job vacancies. Respondents include HR professionals from 500 private service-sector companies and 500 manufacturing companies, which together employ more than 90 percent of U.S. private-sector workers.
Media: To read the full SHRM LINE report, visit
www.shrm.org/line. Follow SHRM Research on Twitter @SHRM_Research.
The SHRM LINE report is 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 Kate Kennedy of SHRM Public Affairs at 703-535-6260 or
You have successfully saved this page as a bookmark.
Please confirm that you want to proceed with deleting bookmark.
You have successfully removed bookmark.
Please log in as a SHRM member before saving bookmarks.
Please sign in as a SHRM member before saving bookmarks.
Please purchase a SHRM membership before saving bookmarks.
An error has occurred
Recommended for you
Get recognized as an HR expert. Earn your SHRM-CP and SHRM-SCP certification, and set yourself apart.
SHRM’s HR Vendor Directory contains over 10,000 companies