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Service-sector hiring projected to hit 4-year high

While 43.3 percent of service-sector companies are hiring in December, 9.3 percent of employers are cutting staff for a hiring net of 34 percent.

By Amanda McGrory-Dixon | Updated on December 07, 2012

While 43.3 percent of service-sector companies are hiring in December, 9.3 percent of employers are cutting staff for a hiring net of 34 percent, marking a four-year high, according to the Leading Indicators of National Employment report by the Society for Human Resource Management.

“The expected rise in service-sector hiring is likely sparked by consumer confidence and anticipated spending this winter holiday season,” says Jennifer Schramm, GPHR, and manager of workplace trends and forecasting at SHRM.

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