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More Employers Predicted to Add Jobs in October

October 8, 2012

According to the Society of Human Resource Management’s Leading Indicators of National Employment (LINE) Report for October:

  •  For the third consecutive month, more HR professionals in the manufacturing and service sectors say their organizations will be hiring compared

with a year ago.

  • More than one out of three manufacturers (34.6 percent) and service-sector companies (33.9 percent) will

add jobs in October.

  • Difficulty in recruiting candidates for key jobs rose modestly in manufacturing and fell slightly in services

in September compared with a year ago.

  • The rate of increase for new-hire compensation was nearly unchanged.

With these numbers we continue to see more jobs as a sign that the economy is continuing to improve, albeit at a slower rate than many would like.  It is still an employer’s market for many jobs  as the competition remains strong for those in many sectors and industries.

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