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Holiday Employment in Competitive Market

As we continue to hear about the current downward trend in consumer spending, retailers are expecting to create fewer seasonal jobs this year than last. In fact, the National Retail Federation estimates that holiday retail spending will increase by a slim 2.2%, the slowest rate of growth in six years. People looking for holiday jobs need to work harder this year than in the past to find a position, according to Connecticut Better Business Bureau (BBB) President, Paulette Hotton Scarpetti. "The slowdown in consumer spending and high fuel costs has been changing the retail marketplace. The U.S. retail sector eliminated 20,000 jobs in August, and according to Manpower Incorporated, 52% of retailers surveyed say they plan no seasonal hiring this year."