Although employers are expected to continue hiring in June, the pace is expect to slow for the fifth time in the last six months as opposed to the same month in 2011, according to a report from the Society for Human Resource Management.

The report, which includes responses from 500 service-sector companies and 500 manufacturing companies, reveals that service-sector hiring is predicted to fall by a net of 14 points while manufacturing-sector hiring is expected to decrease by a net of 3.2 points in comparison from June 2011. Still, this month does show some positive signs in that many more respondents say they plan to hire rather than lay off workers. 

Among the respondents from the manufacturing sector, 49 percent say their organizations plan to bring in more employees, and only 5.2 percent say they intend to cut jobs, which results in a positive net of 43.8 percent. The other 45.8 percent of respondents say they anticipate no work force changes.

Continue Reading for Free

Register and gain access to:

  • Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.