Retail Employment Dips In March Following February Surge

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0aaretailjobsAlthough retail employment slipped by 6,400 in March, job numbers were ahead for the year and stronger than a year ago, the National Retail Federation (NRF) said.

Industry employment in March 2018 was 30,800 higher than unadjusted March 2017 figures and followed the addition of 42,400 jobs in February. The three-month moving average in March showed an increase of 14,200 jobs, as compared to an increase of 10,600 jobs in the three-month moving average for February.

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Holiday Hiring Subsides: Retail Jobs Decline 20,000 During December

0aaholidayhiring-01-284x284Despite a successful season that saw sales jump 4.9%, retailers actually shed workers during the holiday. Retail industry employment decreased by 20,000 jobs from November to December, according to the U.S. Labor Department. The National Retail Federation (NRF) reported a similar monthly loss of 20,200 jobs.

The employment loss reverses the net boost of 20,500 jobs from October to November, and is likely due to shifts in seasonal hiring patterns.

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