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Retail Hiring Remains Flat

Job growth in overall economy also weakening.




PHOTOGRAPHY: jacoblund/
PHOTOGRAPHY: jacoblund/

Overall employment growth in the U.S. faded in June, and it was another “meh” month for hiring in the retail sector.

 That’s according to new data from the U.S. Bureau of Labor Statistics, which showed the country’s total nonfarm payroll employment increased by 209,000 in June. That’s down from an average growth of 278,000 per month over the first 6 months of 2023, and much lower than the average of 399,000 per month in 2022.

In June, employment growth was concentrated in government, health care, social assistance and construction. But payrolls in retail trade  “changed little in June (-11,000),” the bureau reports.

“Employment continued to decline in building material and garden equipment and supplies dealers (-10,000) and in furniture, home furnishings, electronics, and appliance retailers (-5,000).” The lone bright spot in the sector: motor vehicle and parts dealers added 6,000 jobs.

“Overall, employment in retail trade has shown little net change over the year,” the report noted.




This Third-Generation Jeweler Was Ready for Retirement. He Called Wilkerson

Retirement is never easy, especially when it means the end to a business that was founded in 1884. But for Laura and Sam Sipe, it was time to put their own needs first. They decided to close J.C. Sipe Jewelers, one of Indianapolis’ most trusted names in fine jewelry, and call Wilkerson. “Laura and I decided the conditions were right,” says Sam. Wilkerson handled every detail in their going-out-of-business sale, from marketing to manning the sales floor. “The main goal was to sell our existing inventory that’s all paid for and turn that into cash for our retirement,” says Sam. “It’s been very, very productive.” Would they recommend Wilkerson to other jewelers who want to enjoy their golden years? Absolutely! “Call Wilkerson,” says Laura. “They can help you achieve your goals so you’ll be able to move into retirement comfortably.”

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