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Alexandria, VA, United States (AHN) – Society of Human Resource Management (SHRM) released its Leading Indicators of National Employment (LINE) report for October on Friday. The report is based on a monthly survey of more than 1,000 HR professional in the manufacturing and service sectors, SHRM said in a release.

According to the report hiring expectations improve for October, it was more difficult to find high-level talent in September and compensation for new hires in September was mixed.

October marks the 12th consecutive month that the hiring improved on an annual basis with 11.4 percent of HR professionals reporting increased hiring expectations in the manufacturing sector and 26 percent having higher expectations for hiring in the service sector over October 2009.

In addition, new hire compensation was up for the manufacturing sector by 2.6 percent, although it was down 0.6 percent in the service sector.

The report “is based on a monthly survey of private-sector human resource professionals at more than 500 manufacturing and 500 service-sector companies. Together, these two sectors employ more than 90 percent of the nation’s private-sector workers,” according to the SHRM report.

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