Skip to content

Retail Labor Index – June 2011

According to Chris Varvares, senior managing director and co-founder, Macroeconomic Advisers, “the Kronos Retail Labor Index was nearly unchanged in May at 3.5 percent and has remained between 3 percent and 4 percent for ten of the last eleven months. This range characterizes a relatively good hiring environment, with nearly 30 fresh applicants for each hire. Hiring did edge lower in May, but remained strong compared to year-ago levels. Retailers in the Kronos sample hired nearly 22 percent more workers in May 2011 than they did a year earlier.”

Share this:
No comments yet

Leave a Reply

You may use basic HTML in your comments. Your email address will not be published.

Subscribe to this comment feed via RSS