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SHRM: Q4 Hiring to Slow

October 12 2011

Fewer human resource professionals are optimistic about the fourth-quarter jobs market than they were six months ago, according to the Society for Human Resource Management’s (SHRM) biannual Jobs Outlook Survey. Just 34 percent of human resource professionals anticipate job growth during the fourth quarter of 2011 compared with 57 percent who expressed confidence in the 2011 second-quarter outlook.

Thirty-seven percent of HR professionals said their company plans to add jobs during the fourth quarter of 2011, down from 44 percent of companies that hired workers in the third quarter.

“Many employers are getting more productivity out of their current staff by increasing their workers’ hours on the job,” said Jennifer Schramm, GPHR, and manager of workplace trends and forecasting at SHRM. “Human resource professionals said hourly workers logged longer hours in the third quarter of 2011 but anticipate the long days will not continue into the fourth quarter.”

Click here to access the full report.

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