Report shows retail sales fell in July, but hiring hit a record high

Aug 19, 2021
268 views
0 comments
Share
Benefits Reporting & Disclosure

The US Commerce Department's report shows that retail sales in July, before the surge of the Delta variant fell by 1.1%. This was a greater drop in sales than the 0.3% drop Wall Street experts had predicted. This data is the first look into whether the rise in covid 19 cases has stopped people from heading out to shops. According to the data in the report, spending dropped greatest at clothing, furniture, and sporting goods stores.

While retail sales fell in July, the Labour Department reports that more than 10 million job openings were posted by employers in July- the highest the department has seen in the last two decades. This also led to a boom in hiring in July. Last month, employers added 943,000 jobs and the unemployment rate dropped to 5.4%

Source: CBS News

268 views
0 comments

Tags In

Data Science Jobs Supply Chain Jobs

Previous days news

Aug 18 Aug 17 Dec 31 Dec 30 Dec 29

Best tech jobs in the United States : BLS data

Sep 06, 2022
597 views
0 comments
Background Checks

For several reasons, the IT sector is appealing to job seekers. ...Read more

Salaries for Californian fast food employees might rise to $22 per hour

Sep 06, 2022
527 views
0 comments
Background Checks

Despite the opposition of restaurant owners who worried it would raise customers' bills, California Governor Gavin Newsom on Monday signed a nation-leading law providing more than 500,000 fast food employees additional authority and rights. ...Read more

Workers leave as job dissatisfaction grows

Aug 17, 2022
627 views
0 comments
Background Checks

Demands for improved pay and workplace environments are coming from workers in California to New York. ...Read more

Microsoft offers graduates from African nations job prospects in the US & Canada

Aug 17, 2022
501 views
0 comments
Background Checks

New graduates from institutions in Nigeria and other African nations have been made aware of job prospects by Microsoft. ...Read more

Casper is hiring professional sleepers

Aug 10, 2022
669 views
0 comments
Background Checks

A mattress company is searching for a role where napping while working is not only acceptable but also required. 'Casper Sleepers' are being hired by Casper, a New York-based business established in 2014. ...Read more

Report shows retail sales fell in July, but hiring hit a record high

Report shows retail sales fell in July, but hiring hit a record high

Tags In

Others news

Category

Tags

Articles