“The nation’s retailers continued to add to their payrolls in December even in the midst of the condensed holiday shopping season,” Shay said. “Retailers and merchants, especially those operating clothing and general merchandise stores, increased hiring, which may indicate a solid holiday sales season.”
The National Retail Federation calculated retail industry job gains at 49,200 over November and 328,600 year-over-year.
“While the employment gains were much lower than anticipated, gains were made and the economy seems primed for growth,” Kleinhenz said. “The shortened holiday calendar and severe weather in many parts of the country certainly impacted these figures but I suspect we will see upward revisions in the coming months.”
The Bureau of Labor Statistics Employment Situation report showed that December total nonfarm payroll employment rose by 74,000, with the unemployment rate at 6.7 percent and the labor force participation rate at 62.8 percent.
NRF is the world’s largest retail trade association, representing discount and department stores, home goods and specialty stores, Main Street merchants, grocers, wholesalers, chain restaurants and Internet retailers from the United States and more than 45 countries. Retail is the nation’s largest private sector employer, supporting one in four U.S. jobs – 42 million working Americans.
National Retail Federation
Textiles | On 27th Aug 2016
Seven French textile machinery manufacturers will showcase their...
Apparel/Garments | On 27th Aug 2016
Indian cities such as Bangalore, Hyderabad, Delhi and Pune are...
Hindoostan Innovation Centre
‘Modern technical textile is an indispensable tool for science and...
Maa Tex Speciality
‘We suggest reducing dosage of sizing chemicals to reduce sludge...
Studio Priyanka Rajiv
‘To reinvent the age-old tradition of embroidery to suit demographics and...
Iago Castro Asensio
RCfil Distribuciones S.L.
Iago Castro Asensio, International Business Manager of RCfil...
Voith Paper GmbH & Co. KG
The glass mat industry is growing by five to eight per cent annually. Kai...
Steve Cole of Xerium Technologies discusses the industry. Xerium is the...
Yash P. Kotak
Bombay Hemp Company
One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...
Golfwear and menswear brand Devereux is set for greener pastures. Robert...
Gildan Activewear SRL
Gildan Activewear, a manufacturer and marketer of branded clothing and...
Apparel/Garments | On 26th Aug 2016