Retailers are facing a worker crisis. The number of open retail positions has been growing, while the industry’s labor pool has been shrinking, according to data from the job site Indeed. Retail job openings posted on the website increased 26% to 530,477 in the 12 months ending in September. But interest in those jobs — which Indeed measures by the number of clicks on the postings — has waned, dropping 9% overall.
This chart shows job seekers’ interest score for retail openings.”Our data shows that there is less job seeker interest in retail positions this year even as retail postings have grown on Indeed, and the major retailers are indicating that they are seeking seasonal hires equal to or greater than last year,” Indeed Chief Economist Tara Sinclair told Business Insider. “This would indicate tightness in the market that can be a challenge for employers,” she said. The tightening market is good news for workers. FULL REPORT