Dive Summary:
- The retail job market continues to be an area of growth, adding 28,000 jobs in May according to a report released by the Bureau of Labor Statistics.
- Based on online career site Hound.com, the retail positions in highest demand within the industry are cashiers and store managers. The geographic locations with the highest concentration of potential employment are currently Houston and New York City.
- The increase in hiring is due to an increase in retail spending for consumers due to a notable increase in consumer confidence throughout the U.S., according to a source.
From the article:
In general, the retail industry tends to mirror consumer confidence in the overall economy – or at least people’s perception of it. At the height of the recession, Americans held tightly to their cash and retail sales plummeted, moving many employers to slash staff. Now, with the stock market picking up and many families having greater disposable income, Americans not only have great spending power, but are confident enough to actually spend.