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In addition, the numbers indicate that new hires in manufacturing are essentially bringing home the same salaries they would have a year ago. Therefore, it seems the difficulty in filling certain positions has not led to widespread wage inflation, SHRM and Rutgers say.
The two institutions have been collaborating to issue the Leading Indicator of National Employment (LINE), a monthly report on trends in the national job market.
The indicator is released at 8:30 am ET on the fourth Tuesday of each month. A copy of the July report and answers to frequently asked questions can be found at www.shrm.org/LINE.