NEW YORK (AP) — The nation's retailers boosted holiday hiring to the highest level in six years despite worries about the economy, Superstorm Sandy and the presidential election, according to an analysis of government job data by a leading outplacement consultancy.
Between Oct. 1 and Dec. 31 retailers added 728,300 jobs, 10.3 percent more than the same-three month period in 2011, when merchants added 660,200 extra workers, according to Chicago-based Challenger, Gray & Christmas. The retail jobs added for the holiday 2012 season marks the strongest year-end hiring surge since 2006, when employment in the retail sector increased by 746,900.
John A. Challenger, CEO of Challenger, Gray & Christmas said that holiday hiring in the retail industry was "remarkable" for a several reasons.
Continue Reading for Free
Register and gain access to:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
