Holiday hiring in retail dropped 7%
What: From October through December, seasonal retail jobs, transportation and warehousing jobs dropped.
Why it’s important: The onslaught of Covid cases, the difficulty for parents to arrange childcare, and the sheer availability of jobs have prevented many from entering the retail business.
Department stores have had to learn how to cope with this staff shortage: Walmart temporarily closed down some stores during the omicron wave, and Macy's has reduced store hours.
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