Hiring by U.S. employers is expected to remain steady in May, but there could be a lag in comparison to an annual basis, according to a report from the Society for Human Resource Management.
From May 2011 and May 2012, service-sector hiring is believed to fall by a net of 17.1 points while manufacturing-sector hiring is expected to drop by a net of 3.8 points, the report shows. Still, the report shows a more positive outlook as more employers plan to hire than lay off workers.
Among manufacturing respondents, 46.6 percent say their companies plan to hire workers. Only 6.1 percent of manufacturing respondents expect to see their companies cut employees, resulting in a positive net of 40.5 percent that are to offer employment.
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