Wednesday, January 11, 2012

Hiring According to SHRM

The Society for Human Resource Management (SHRM) is predicting a decrease in hiring this month.
For the third consecutive month, hiring activity will decrease and job cuts will rise in the manufacturing and service sectors compared with a year earlier, according to the Society for Human Resource Management’s (SHRM) Leading Indicators of National Employment (LINE) survey for January 2012.
In addition, the report illuminates the unemployment rate:
Basically, the U.S. job market is in a holding pattern, creating roughly enough jobs each month to account for the increase in Americans in the job pool, such as through population growth. And the official unemployment rate masks some underlying issues: Many people are working part time despite wanting full-time jobs, and some unemployed people have stopped trying to find a job.
Read the full article here.

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