More Employers Predicted to Add Jobs in October
According to the Society of Human Resource Management’s Leading Indicators of National Employment (LINE) Report for October:
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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.
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More than one out of three manufacturers (34.6 percent) and service-sector companies (33.9 percent) will
add jobs in October.
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Difficulty in recruiting candidates for key jobs rose modestly in manufacturing and fell slightly in services
in September compared with a year ago.
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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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