Fewer People Applying for Retail Jobs, Report Finds
Kronos Incorporated announced the release of its Retail Labor Index, a family of metrics and indices that characterize the current state of the demand and supply sides of the labor market within the U.S. retail sector. The April report includes data for March 2012. The number of applications received by retailers included in the Kronos sample fell 10 percent to 784,941 in March 2012 from an upwardly revised 872,341 in February 2012, all on a seasonally adjusted basis. The level of applications in March was down nearly 250,000 from its level one year ago, when applications reached a near record high.