NEARLY 650,000 HOLIDAY WORKERS HIRED
Retail employment experienced a net gain of 646,300 jobs between October and December, according to an analysis of employment data released today by the Bureau of Labor Statistics. That is a 28.9 percent improvement over 2009, when seasonal hiring led to 501,400 net new jobs.
The analysis conducted by global outplacement consultancy Challenger, Gray & Christmas, Inc. found that while November hiring was about the same as a year earlier, October and December hiring was the heaviest it’s been in several years. Last month, retail employment grew by 181,900 positions, which is the largest December gain since 2005. October’s increase of 146,800 retail jobs was the largest for that month since 2006.
Note: Today’s report from the Bureau of Labor Statistics shows that retail employment increased by a seasonally-adjusted 12,000 jobs. For the purposes of this report, Challenger refers to the non-seasonally adjusted data provided by the BLS.
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