Home / Knowledge / News / Textiles / Retail jobs in September increase by over 25,000: NRF

Retail jobs in September increase by over 25,000: NRF

08
Oct '18
This year in September, the US retail industry employment increased by 25,600 jobs unadjusted over the same time last year despite a seasonally adjusted drop of 23,600 jobs from August, says a recent report by the National Retail Federation (NRF). Overall, businesses in US added 134,000 jobs over August this year, the data by the labour department revealed.

September’s numbers followed a revised monthly gain of 8,900 jobs in August over July, which had originally been reported as a 9,700-job loss. The numbers exclude automobile dealers, gasoline stations and restaurants.  The three-month moving average in September showed a loss of 5,000 jobs, stated the report.

"I think we can safely ignore the decline from August because that was largely the result of the aftermath of Hurricane Florence, which affected both the retail sector and leisure/hospitality," NRF chief economist Jack Kleinhenz said. "More importantly, we know we have a large number of unfilled retail jobs with a record level of openings in the industry."

Retailers had 835,000 unfilled job openings as of July, Kleinhenz said.

Economy-wide, average hourly earnings in September were up 8 cents over August and 73 cents from a year ago, a year-over-year increase of 2.8 percent. The labour department said the unemployment rate fell to 3.7 percent, its lowest level since December 1969.

Retail job numbers reported by the labor department do not provide an accurate picture of the industry because they count only employees who work in stores while excluding retail workers in other parts of the business such as corporate headquarters, distribution centres, call centres and innovation labs, explained Kleinhenz. (RR)

Fibre2Fashion News Desk – India


Must ReadView All

Pic: Shutterstock

Textiles | On 29th May 2020

Aatma Nirbhar Bharat Abhiyan needs to step up: Crisil

The steps announced by the government for the micro, small and medium ...

Pic: Shutterstock

Apparel/Garments | On 29th May 2020

Bangladesh’s Beximco exports 6.5 million PPE gowns to US

Bangladesh’s Beximco Group recently exported 6.5 million personal...

Pic: LC Waikiki

Apparel/Garments | On 29th May 2020

Turkish clothing brand LCW uses Iran as production hub

Turkish clothing brand LC Waikiki has placed an order with Iranian...

Interviews View All

C. Dhandayuthapani, Mag Solvics Pvt. Ltd

C. Dhandayuthapani
Mag Solvics Pvt. Ltd

ITME 2016 exploited our full strength like never before

Top executives, Textile industry, India

Top executives
Textile industry, India

The event should be organised every year

Ghanshyam Ghoghari, Kimora Fashion

Ghanshyam Ghoghari
Kimora Fashion

Bridalwear is not about reds and whites anymore

Alphonse Reddy,

Alphonse Reddy

Bangalore-based Sunday designs and makes mattresses and accessories that...

Gagan Gulati,

Gagan Gulati

PG Silk Mills Private Limited had a humble start with a hand-dyeing unit....

Riddhi Jain,

Riddhi Jain

Conceived in Europe and curated in New Delhi, NeceSera is a...

Ray Baughman, University of Texas -Dallas

Ray Baughman
University of Texas -Dallas

<div>A team of scientists and researchers have discovered twistrons,...

Mary-Cathryn Kolb, Brrr°

Mary-Cathryn Kolb
Brrr°

Atlanta-based private start-up Brrr° was founded in 2014 to develop...

Alfonso Marra, Klopman

Alfonso Marra
Klopman

It was in 1968 that Klopman introduced the concept of poly/cotton workwear ...

Ruma Devi, Gramin Vikas Evam Chetna Sansthan

Ruma Devi
Gramin Vikas Evam Chetna Sansthan

Ruma Devi is a jet-setting promoter of artisans who has empowered...

Madhu Jain, Madhu Jain

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Rajesh Pratap Singh, Rajesh Pratap Singh

Rajesh Pratap Singh
Rajesh Pratap Singh

<div>Ace fashion designer <b>Rajesh Pratap Singh</b> has used Tencel to...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


May 2020

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Advanced Search