unemployment
L.L. Bean to Cut Jobs for Second Time in 2024
The Freeport, Maine-based company will eliminate between 50 and 75 positions.
Retail Lost 11,100 Jobs in August, Hurt by Bankruptcies
Retail lost 11,100 jobs last month mostly due to store closures from bankruptcies and shut-downs across…
Deciphering Retail Sales Data and Consumer Spending
Consumers are spending less on apparel and more on food and experiences, while lower inflation expectations…
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Retail Added 6,300 Jobs in August, as Pace of Hiring Slows
Although retail was still adding jobs in August, the pace of hiring has slowed from both July and year-ago…
Retail Facing ‘Exceptionally Tight’ Jobs Market
U.S. employers added 223,000 new jobs in December as the unemployment rate fell to 3.5 percent.
Does Jobs Data Suggests Economic Slowdown?
Government and ADP jobs data offers a read on the state of the consumer and prospects for retail.
August Jobs Report a Huge Disappointment for Retail, Fashion
The combined retail sector shed more than 25,000 jobs in August. Textiles and apparel manufacturers trimmed…
Lululemon, Hiring 8,000 for Holiday, Upgrades Minimum Wage
The pay raise comes as a federal minimum wage debate rages on and more retailers aim to incentivize…
As Retail Reopens, Los Angeles Businesses Struggle to Find Workers
Los Angeles outpaces the rest of the U.S. when it comes to joblessness, nearly doubling the national average.
More Jobs, But Where Are the Workers? Week Ahead
New claims for first-time unemployment benefits have declined, spurring hope that the unemployed will be…
Retail Reaching ‘Major Inflection’ Point—and Vaccines Could Be the Reason Why
While others are still mired in Covid misery, U.S. consumers and the country's fashion sector are showing…
Consumer Confidence Rises Despite ‘Uneven’ Economic Recovery
Although consumers are spending again, 10.1 million Americans remain out of work.
Holiday Retail Sales Growth Leaves Apparel Stores Behind
Holiday 2020 got a boost from growth in online purchases, but Census data shows sales at apparel and…
Can Surprise Q3 Economic Growth Turn Sagging Consumer Confidence Around?
Spiking Covid infection rates and the potential for more lockdowns are expected to negatively impact Q4 GDP.
Will September’s Shaky Jobs Report Factor into Elections?: The Week Ahead
September's report is higher than the 4.8% jobless rate when Trump took office, and the highest in a…