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The index's survey found that 41.4% of manufacturers plan to increase their staffs in December, compared with 40.7% last December. However, 13.8% plan to decrease their staffs next month for a net increase of 27.6%. That compares to a net increase of 31.5% for December 2006.
In the service sector, 38.3% of employers plan to add workers this December compared with 50.3% last year. Fewer service sector companies plan to decrease staff, but the net increase for December was 33.3%, compared to 41.4% last year.
The percent of manufacturers increasing new-hire compensation fell to 8.7% in November from 12.6% in November 2006. Service sector employers raising new-hire compensation fell to 8.5% from 11.0% last year.
The LINE report surveys human resources executives at more than 500 manufacturing companies and more than 500 service sector firms.