January 01, 2013

Service-Sector Hiring to Hit Four-Year High

According to a national employment report released by the Society for Human Resources a Management, hiring in the service sector is expected to hit an all time high since the last four years.

43.3 percent of service sector companies will hire while 9.3 percent will reduce their workforce, resulting in a net increase of 34 percent. This shows an increment of 21.8 percent compare to December 2011.

Meanwhile, the manufacturing sector is expected to slightly reduce their hiring for the first time in the last five months.  However, a net of 25.3 percent of manufacturers plan to add jobs in December 2012. That compares to a net increase of 29.1 percent in December 2011.

Service-Sector Hiring to Hit Four-Year High