Last week’s jobs report contained both good news and bad for retailers. Yes, it was a sign of a stronger-than-expected economy. But closer to home, retailers understand the increased challenges the positive numbers mean for attracting and retaining good help at the stores, warehouses and fulfillment centers.
Employment in the retail trade increased by 49,000 in March, with gains in general merchandise stores (+20,000) and food and beverage stores (+18,000). Health and personal care stores lost 5,000 jobs. Retail trade employment is now 278,000 above its level in February 2020.
