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The Kronos Retail Labor Index rose to 4.1 percent in May from an April level that was revised two-tenths lower. The May reading reflected a moderate decline in hiring outpaced by a sharp drop in applications. The level of applications in May was more than 250,000 below its level one year ago, reflecting the uneven downward trend that began in the second half of last year. The number of applications received in May was at the lowest level since September 2007.


Kronos Incorporated recently announced the May release of the Kronos® 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 May report includes data for April 2012. The analysis and write-up are prepared by Macroeconomic Advisers LLC, and are available on the Kronos Retail Labor Index website. News Facts The Kronos Retail Labor Index: (This index is defined as the ratio of hires to applications within a given month, expressed as a percentage. A level of 3.0 percent means

Chelmsford, Mass. -- Monthly hires in the retail industry remain well above the lows reached during the recession and suggest retail hiring is continuing to improve following sharp declines in 2008 and 2009, according to the January Kronos Retail Labor Index. The Index dipped to 3.5% in December, reflecting a 7.6% drop in hires made. (The January report includes data for December 2011. The analysis and write-up is prepared by Macroeconomic Advisers LLC). “The December decline in hires followed a strong 8.0% increase in hires in November, which could indicate retailers made hiring decisions earlier in the year in

Kronos Incorporated recently announced the November release of the Kronos 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 November report includes data for October 2011. The analysis and write-up is prepared by Macroeconomic Advisers LLC, and is available on the Kronos Retail Labor Index website. News Facts The Kronos Retail Labor Index: (This index is defined as the ratio of hires to applicants within a given month, expressed as a percentage. A level of 3.0 percent means

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