Retail

2013 Holiday Hiring Update: Holiday Retail Hiring Down from Record Levels

After getting off to its strongest start in 14 years, the pace of holiday hiring in November slipped below last year’s level, suggesting that retailers may be reining in expectations for a bountiful Christmas selling season.

Retail employment expanded by 471,000 in November, which is down 4.7 percent from a year ago, when retailers hired a record 494,400 workers, according to an analysis of the Bureau of Labor Statistics’ non-seasonally adjusted employment data by global outplacement firm Challenger, Gray & Christmas, Inc.

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