Holiday Spending Encourages Job Growth

The holiday season encourages more spending this quarter than recorded in the previous quarter. Accelerated spending suggests that holiday jobs will help lower the unemployment rate. Kiplinger reports that there is ongoing job creation during this season. Continued job gains of 200,000 a month signal an economy that is generating jobs. In 2013, the National Retail Federation predicts retailers will hire an additional 720,000 to 780,000 seasonal employees, which is in line with the actual 720,500 they hired in 2012


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