Manufacturing hiring slows
The monthly Leading Indicators of National Employment (LINE) report from The Society for Human Resource Management (SHRM) says that 50.3% of manufacturers plan to increase their hiring in April, the same rate as one year ago.
Share
This also represents a deceleration of hiring from March, when 58.0% of manufacturers said that they planned to increase hiring, compared to 8.9% planning to decrease. Net hiring rate for March was 49.1%, suggesting that the pace of net hiring has slowed over the course of the past month (and not just the past year) in the manufacturing sector.
However, it does appear to be getting easier to recruit new manufacturing workers. In March 2012, 18.3% of respondents said that it was more difficult to recruit. In this latest survey, 16.1% continue to see hiring as a challenge.
READ FULL STORY by Chad Moutray, chief economist, National Association of Manufacturers.
RELATED CONTENT
-
Erosive Pulp & Paper Systems Require Proper Valve Selection
As new recycled paper plants are being built for the first time in decades, not only do paper companies have opportunities to grow revenue but so do service suppliers such as valve companies.
-
Editor's Product Picks
Neles introduces valve-sizing and selection software for all intelligent automated process valves.
-
Additive Manufacturing of Pressure Equipment
How manufacturers can design and produce PED-compliant equipment using additive manufacturing.
 Unloading large gate valve.jpg;maxWidth=214)
