SHRM: Hiring in June expected to slow

Although employers are expected to continue hiring in June, the pace is expect to slow for the fifth time in the last six months as opposed to the same month in 2011, according to a report from the Society for Human Resource Management.

The report, which includes responses from 500 service-sector companies and 500 manufacturing companies, reveals that service-sector hiring is predicted to fall by a net of 14 points while manufacturing-sector hiring is expected to decrease by a net of 3.2 points in comparison from June 2011. Still, this month does show some positive signs in that many more respondents say they plan to hire rather than lay off workers.