Retail Trade Hiring Is Up at the Outset of the Holiday Season
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.
To view the Paychex Small Business Snapshot, click here.