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Retail Trade Hiring Is Up at the Outset of the Holiday Season

December 21, 2015
 

Twelve Days of Small Business Badge

We’re recognizing small businesses across the country for the positive impact they make on their local communities throughout the holiday season and all year long.

 

Business owners, specifically those operating in the retail trade, typically experience an uptick in business around the holiday season and this year is no exception. Many of those businesses hire additional employees to handle the holiday rush, and hiring data indicates employment growth in the retail trade sector is gaining steam at the outset of this holiday season.

 

Retail trade data from the Paychex | IHS Small Business Jobs Index reveals the rate of employment growth in this sector increased 0.24% from October 2015 to November 2015, the best one-month growth rate since the sector’s index peaked in April 2014. While this represents a notable month-over-month lift, year-over-year, employment growth in the retail trade sector is down 0.12 percent.

 

Read this article to view the Paychex Small Business Snapshot.