It’s The Most Wonderful Time of Year for US Retail Hires

JC Penney | Source: Shutterstock

About 821,000 workers will be hired for retail seasonal jobs this year, up 11 percent from a year ago and the highest since records were started in 1990, estimates Michael Niemira, founder of economic forecasting firm The Retail Economist LLC.

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Retailers’ Sales Chilled by Weather, Low Consumer Confidence

Source: Reuters

NEW YORK, United States — Shoppers last month continued to pinch their pennies, seeking out bargains and paying fewer visits to stores. They also were unnerved by slumping stock markets and impeded from shopping by an unusually cold and snowy January that, because of high heating bills, could hurt retail sales well into the spring, analysts said.

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