Although retail employment slipped by 6,400 in March, job numbers were ahead for the year and stronger than a year ago, the National Retail Federation (NRF) said.
Industry employment in March 2018 was 30,800 higher than unadjusted March 2017 figures and followed the addition of 42,400 jobs in February. The three-month moving average in March showed an increase of 14,200 jobs, as compared to an increase of 10,600 jobs in the three-month moving average for February.
The overall economy added 103,000 jobs in March, according to U.S. Labor Department figures released April 6, a significantly smaller gain than February’s addition of 326,000 and fewer jobs than economists had forecast. The unemployment rate was 4.1%, unchanged for the sixth straight month.
“Even with this month’s dip, retail employment…