Study – Retail sector to add 30,000 jobs by end of year

San Leandro, Calif. - The U.S. retail sector will add nearly 30,000 jobs through the end of December as the country heads into a strong holiday shopping season. According to a study from HR services provider TriNet, recent job growth in the U.S. retail sector is built on positive consumer confidence, increasing retail spending, and positive job market outlook.



Though consumer confidence has been unstable much of the year, the study's findings show that improvements during the past few months due to favorable job market and business conditions will give way to increased spending power among holiday shoppers. Retail sales, jobs and housing data all point to healthy gains.



TriNet advises that recognizing the need to keep household budgets in line, shoppers will be extremely price-sensitive, as they have been for quite some time. Overall, consumers are in a much better place than they were this time last year. The extra spending power could translate into solid holiday sales growth for retailers.