Retail
Retail Sector Braces for Cautious Holiday Season as Job Postings Slump to Multi-Year Lows
The U.S. retail sector is facing a significantly subdued holiday hiring season in October, with job postings plummeting to levels not seen since the 2008 financial crisis. This sharp decline signals a cautious outlook from retailers, who are grappling with economic uncertainty, persistent inflationary pressures, and evolving consumer behaviors.