Tight labor market, strong holiday sales forecast might force retailers to pay higher wages
Tight labor market, strong holiday sales forecast might force retailers to pay higher wages
On Friday, we’ll get the latest jobs figures for the month of September. Economists are expecting a strong report, with unemployment expected to drop a bit from an already low rate. We’re also getting awfully close to the holiday hiring season, and sales are expected to be pretty strong, too. But with the unemployment rate as low as it is, what will retailers have to do to find the workers they need?
Click the audio player above to hear the full story.
As a nonprofit news organization, our future depends on listeners like you who believe in the power of public service journalism.
Your investment in Marketplace helps us remain paywall-free and ensures everyone has access to trustworthy, unbiased news and information, regardless of their ability to pay.
Donate today — in any amount — to become a Marketplace Investor. Now more than ever, your commitment makes a difference.
