Tight labor market, strong holiday sales forecast might force retailers to pay higher wages
Tight labor market, strong holiday sales forecast might force retailers to pay higher wages
On Friday, we’ll get the latest jobs figures for the month of September. Economists are expecting a strong report, with unemployment expected to drop a bit from an already low rate. We’re also getting awfully close to the holiday hiring season, and sales are expected to be pretty strong, too. But with the unemployment rate as low as it is, what will retailers have to do to find the workers they need?
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