Events

Job Openings at All-Time High

The Labor Department reveals its latest survey data

Published

6 years ago

October 18, 2018

Despite the increasing number of store closures, job openings are at an all-time high.

The data comes from the U.S. Labor Department’s Job Openings and Labor Turnover Survey, which revealed that at the end of August, there were 7.1 million vacancies and only 5.8 new hires. This was the greatest discrepancy since the survey began tracking numbers 18 years ago.

According to Women’s Wear Daily, this means that retailers will have to work harder to attract and retain talent. As the holidays continue to approach, these numbers are only expected to grow.

MasterClass: ‘Re-Sparkling’ Retail: Using Store Design to Build Trust, Faith and Brand Loyalty

HOW CAN WE EMPOWER and inspire senior leaders to see design as an investment for future retail growth? This session, led by retail design expert Ian Johnston from Quinine Design, explores how physical stores remain unmatched in the ability to build trust, faith, and loyalty with your customers, ultimately driving shareholder value.

Presented by:
Ian Johnston
Founder and Creative Director, Quinine Design