Manufacturing and service-sector companies plan to hire in December, a turnaround from their plans in the same month a year ago, according to the leading indicators of national employment report released by the Society for Human Resource Management.
A survey for the report found that 28.2% of manufacturing companies plan to hire in December while 17.5% plan to cut staff for a net increase of 10.7%. This compares to a net decrease of 10.9% in December 2008.
In the service sector, a net 18.8% plan to add staff in December compared with a net decrease of 9.1% in December 2008.
The SHRM report is based on a survey of private-sector human resource professionals at more than 500 manufacturing and more than 500 service-sector companies.