Nearly one-quarter of all jobs added last month were in retail

U.S. retailers added 37,000 employees in July.?

Nearly one quarter of the 162,000 jobs added nationwide last month were in the retail sector.

According to the National Retail Federation, America?s retailers hired 37,000 workers in July, which is approximately 23 percent of the 162,000 the Bureau of Labor Statistics says were added to the economy.

The NRF does not break out the numbers by geographic region.

Those retail jobs came in sectors such as general merchandise, food and beverage and building and garden supply stores.

Hiring in those areas may indicate that people are more confident and willing to spend, as well as go out to eat. Increased hiring at building and garden supply stores also points to improvements in the housing market.

?In spite of continued rancor and uncertainty from policymakers in Washington, the private sector economy continues to add jobs,? NRF President and CEO Matthew Shay said in a statement. ?While unemployment remains stubbornly high, with millions of Americans jobless or underemployed, retailers are adding to their ranks and payrolls.?

With the third quarter under way, retailers will likely evaluate their hiring needs and continue to add workers ahead of the all-important fourth quarter.

Source: http://feedproxy.google.com/~r/vertical_26/~3/UeMfIn7GoB0/nearly-one-quarter-of-all-jobs-added.html

Sandy Hook Elementary School Colors Victoria Soto nbc sports morgan freeman Survivor Philippines Fashion Island shooting Victor Cruz