Kronos report: Retail Labor Index unchanged from August

Chelmsford, Mass. -- Kronos said Tuesday that its latest Kronos Retail Labor Index, which characterized the current state of the demand and supply sides of the labor market within the U.S. retail sector for the month of August, was unchanged from the month prior. The index, which defines the ratio of hires to applicants within a given month, expressed as a percentage, was unchanged at 3.5% in August 2011, as both hires and applications increased slightly, all on a seasonally adjusted basis. According to the report, retailers representing 13,755 distributed locations across the U.S. recorded 32,819 hires (seasonally adjusted)