Jump in Hiring Expected in June

Analysis conducted by the Society for Human Resource Management (SHRM) finds hiring is expected to increase significantly in June.

In fact, according to the latest SHRM Leading Indicators of National Employment (Line) report, manufacturing and service companies will add to their payrolls at a pace not seen since 2007.

Other takeaways from the June report: Top talent is harder to find than a year ago, and new-hire compensation continues to rise.

What exactly is the SHRM Line report?

The SHRM Line report tracks trends in the labor market on a monthly basis, including hiring projections released one month ahead of the Bureau of Labor Statistics (BLS) Employment Situation report. Exclusive SHRM metrics examine four areas: employers' hiring expectations, new-hire compensation, difficulty in recruiting top-level talent, and job vacancies.

To arrive at findings, SHRM surveys private-sector HR professionals at more than 500 manufacturing and service-sector companies.

Why these two sectors? Together, they account for more than 90 percent of the nation's private-sector employees.

If you're interested in tracking the recovery, this monthly report offers a snapshot worth viewing. SHRM membership is not required for access.