Applications for Retail Jobs Hit 4-Year Low

Although the nation is still struggling amid high unemployment rates, less people are applying for work in the retail industry. The latest Kronos Retail Labor Index, which measures the ratio of hires to applicants within a given month, rose to 3.7 percent in June from a revised 3.2 percent in May as a decline in applications outpaced a moderate decrease in hiring, according to the report by Kronos Inc.