Retailers’ holiday hiring may be helping boost November’s numbers. The annual hiring of temporary holiday workers is on track to reach the high end of the NRF’s forecast of between 500,000 and 550,000 positions, the organization said in a press release on Friday. The NRF forecasts that this year’s holiday sales will grow between 3.6% and 4%.
“This was one of the strongest gains we’ve seen all year,” NRF Chief Economist Jack Kleinhenz said in a statement.
