LINE Survey: Hiring Rate Declines in July, Recruiting Difficulty Rises Again
Manufacturers and service-sector companies will add jobs at a lower rate in July compared with a year ago, yet HR professionals are still struggling to recruit workers for key positions, according to the Society for Human Resource Management’s (SHRM) Leading Indicators of National Employment (LINE) survey for July 2011.
In the manufacturing sector, a net total of 6.8% of respondents reported increasing new-hire compensation in June (7.5% increased, 0.7% decreased). That is an increase of 3.3 points from June 2010.
