There Are More Job Openings Than Unemployed People — and That’s Bad News for Retailers

Retailers hoping to staff up for the holidays would be wise to act fast and offer something more than the bare minimum — because in the current economy, job seekers may have the upper hand. The U.S. hit a record high number of job openings in August: 7,136,000, to be precise, according to data released by the Labor Department on Tuesday. The latest figure underlines a trend that many business owners and workers have been feeling the effects of this year. With unemployment hovering near a...

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