Key Points- Roughly 23 percent of retailers weren’t able to hire all the temporary workers they wanted for the 2017 holiday season, according to a new report.
- About two-thirds of retailers are hoping to hire at least as many seasonal workers this year.
- U.S. unemployment is at a record low of 3.9 percent, and companies are under pressure to raise wages.
Many retailers have already announced plans to hire more seasonal workers this year than in 2017, but not all of those positions will likely be filled.
The labor market is tighter than ever. U.S. unemployment is at a record low of 3.9 percent, and companies are under pressure to raise wages, making it more difficult and expensive to keep talent, according to a new report...
RSK: The answer will be in higher wages, flexible schedules and ability to stay on part-time after the Holidays. I will go with #1 as the best incentive...
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- - Volume: 6 - WEEK: 41 Date: 10/9/2018 1:42:33 PM -