SHRM: Job Market ‘Showing Signs Of Life’

Though the labor market is still poor compared to last year, June is looking up, according to the results of the Society for Human Resource Management (SHRM)’s latest Leading Indicators of National Employment (LINE) survey, released today.

New hire wages rose in May at the slowest rate in four years, but more employers in the manufacturing and service sectors will hire in June than in the past six months; in service, notably, 41.4 percent of employers plan to add jobs this month.

LINE surveys only the manufacturing and service sectors, but together those sectors make up 90% of the nation’s private-sector workers, so the numbers are good indicators for what’s happening all over.