Retail Industry Adds 29,000 Jobs in April

The National Retail Federation today issued the following statement from NRF President and CEO Matthew Shay on the April employment numbers: "The retail industry rebounded from a dismal March and added 29,000 jobs in April, indicating that retailers remain cautious but are seeing signs of an improving economy, and as a result, added to their payrolls heading into the summer," said Shay. "While the overall impact of the payroll tax increase and sequester remain a significant concern, unease over taxes and spending and the upcoming debate on the debt ceiling in Congress may once again stymie business investment and consumer spending."