Stat of the day: 3,400

The rise in the number of retail jobs available, compared to the same time last year.

by Elizabeth Anderson
Last Updated: 09 Oct 2013
Here’s concrete evidence that the retail sector is still struggling: the number of retail jobs available has risen by just 0.5% on the same time a year ago. According the British Retail Consortium, that means 3,400 more full-time jobs were created in the UK, which is particularly depressing when set against the number of new shops: 837 opened last year, which means the number of shops in the UK grew by 5.3%.

The slowdown in consumer spending has meant retailers have been feeling the squeeze for a while now – hence the number of companies releasing disappointing sales results this year. But figures from last month show there is some retail cheer: sales volumes for March rose 0.2%, which may not sound a lot but is good news when you compare it to February’s sales drop of 0.9%. So perhaps those job boards will start seeing a bit more action.
Tags:
Economy Retail

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