Posted in Careers on 29.02.12
Recent reports from the US have suggested that retail is finally on the up again in October, after a long period of recession and decline. It has been noted that the economy in the US might finally be stabilizing, with indications stemming from the fact that retail companies hired a larger percentage of candidates in August, following the same pattern for the better part of this year.
This is a sign that the possibility of economic growth dies exist in the US for next year, as well as an indicator that the same is sure to follow for other world economies.
This news came about as a part of a retail jobs study, which led researchers to the conclusion by virtue of the fact that 3 in every 100 retail job applicants in the US were hired throughout August 2009.
Although these numbers are definitely on the increase and the likelihood of being hired in a retail position has drastically improved, the journey towards a fully recovered recovery will still be fairly slow. This said however- the retail world must definitely be taking a huge sigh of much deserved relief.
Over in the UK, retailers have not yet seen quite the same result over the past few months, with analysts still having a fairly negative view on the capacity of retailers to last between now and February 2010.
Although it is not all doom and gloom, with massive retailers such as M&S, Sainsbury's and ASDA all being reported as planning on taking on an additional 20,000 staff each, over the Christmas season. So although the economy is not necessarily ready to make a full recovery, at least there is some good news on the horizon in the retail jobs sector for the coming months.
About the Author:
Julie Samuel is a freelance writer and ex HR professional who enjoys researching the recruitment industry.in the UK.Author: J Samuel