Employment Leading Indicators for February

Acording to  the Society of Human Resource Management’s (SHRM)  Leading Indicators  of National Employment’s (LINE) Report,  manufacturers and service-sector companies plan to increase hiring in February compared with the previous year. Few employers in both sectors reported increased recruiting difficulty in January, but it has become more challenging compared with a year ago. There were mixed results for new-hire compensation in January. While fewer service-sector companies increased new-hire compensation, the rate rose on an annual basis for the first time since September 2008 in the manufacturing sector.The LINE Employment Report examines four key areas: employers’ hiring expectations, new-hire compensation, difficulty in recruiting top-level talent and job vacancies. It is based on a monthly survey of private-sector human resource professionals at more than 500 manufacturing and 500 service-sector companies.Together, these two sectors employ more than 90 percent of the nation’s private-sector workers.