Service-Sector Growth Slightly Stronger than in June 2006.

Alexandria, Va. (PRWEB) May 22, 2007 -- According to new numbers from the Leading Indicator of National Employment® (LINE™), manufacturing hiring will be much weaker in June 2007 than it was in June 2006. Within the larger service sector, growth will be just slightly stronger than in June 2006. LINE™ is a collaborative effort between the Society for Human Resource Management (SHRM) and the Rutgers University School of Management and Labor Relations.

This LINE™ employment expectations report references the same June period as the report the Bureau of Labor Statistics (BLS) will release on July 6, 2007. The responses in the LINE™ survey are weighted using the proportion of total employment represented by the respondent's industry.

Compared with a year ago, new-hire compensation is rising more slowly within manufacturing, but more rapidly within the service sector. The number of vacant positions that employers are actively trying to fill is rising rapidly within the exempt manufacturing sector, but it has dropped significantly in the exempt service sector and in the nonexempt manufacturing and service sectors. Recruiting difficulty increased in the service sector, but eased in manufacturing compared with a year ago. In both sectors, recruiting difficulty remains a major concern.

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