LOGIN
REGISTER
NEWSLETTER
RSS
SOFTWARE INDUSTRY NEWS |
Kronos Retail Labor Index shows upswing in retail hiring |
|
|
Kronos said that its April release of the Kronos Retail Labor Index, comprised of metrics and indices that analyze the relationship between the demand and supply sides of the labor market within the US retail sector, shows a rising trend of hiring in the sector. The latest April 2010 release includes data for March 2010. The Kronos Retail Labor Index is released on a monthly basis.  The Kronos Retail Labor Index increased to 4.17 percent this month, up 30.2 percent (on a relative basis) from 3.26 in March 2010. The index measures the percentage of job applications that result in a hiring, normalized within a scale of 0 to 100, which represents that a level of 4.17 percent means that for every 100 applications received, around four hirings occurred. The 68 retailers representing 27,034 distributed locations across the US that comprise the Kronos data sample saw 49,185 hirings in March 2010, increasing 8.89 percent from the February 2010, and 26.63 percent from hirings recorded in March 2009. Kronos said the supply of applications decreased 16.37 percent in March, marking an acceleration of the trend of declining application levels seen between January and February 2010. The March 2010 figure represented a 7.51 percent increase over the 1,263,376 applications processed in March 2009. Employee retention also continued to increase, with employees 6.01 percent more likely to have a length of service of 60 days or more in March 2010 as compared to a year ago. Dr. Robert Yerex, chief economist, Kronos said the index in April was up significantly as compared to last month, and marked “good news for employees looking for a job in retail.” He said in the coming 18-24 month period Kronos expects retail sales and hirings to increase, though not to the levels they were at in 2008, as it expects that around 20 percent of the jobs lost in the recession are not likely to return. |
LISTS AND RESEARCH
-
Global Software Top 100 - Edition 2011
- The Global Software Top 100 is a list of the world's largest software companies, ranked by annual software revenues. The list is based upon revenue information of 10,000+ IT companies worldwide.
-
Software industry trends (2011)
- This research article (accompanying the Global Software Top 100) describes changes in the software industry playing field. It analyses trends and key players and forecasts future developments.
- Top hardware companies
- A list of the world's largest hardware companies.
- What happens in the hardware industry?
- Trends and analysis of the hardware industry and its key players.
- Top IT services companies
- A list of the world's largest IT services companies, ranked by annual services revenues. This link will take you to www.servicestop100.org.
- IT services companies: healthy growth
- What is happening in the IT services industry? Read this research publication to find out about trends and key players in the IT services industry.
- Top gaming companies (2010)
- Entertainment is good business, and gaming software companies are growing faster than the rest of the software industry. This research article discusses trends and key players in the gaming business.
- Top ERP companies
- A research publication about the world's leading players in enterprise software.
- Top security software companies
- A research publication discussing the world's leading publishers of security software: antivirus-, spamfiltering-, intrusion detection- and firewall software.
- The fastest growing software companies
- This research publication reveals the fastest growing software companies in the world.
-
CRM companies: a short list
- A short list of the leading software companies selling Customer Relationship Management software; aimed at IT managers looking to purchase CRM software.
- Top software companies in the US (2010)
- A list of the largest software companies in the United States, ranked by annual software revenues. 2010 Edition, posted 15 December 2010.
- U.S. software industry trends (2010)
- A research publication discussing the trends and the key players in the software industry in the United States. Posted 15 December 2010.
- Top companies in the world (not just software)
- A general list of the largest companies in the world, ranked by revenues. Not just software companies; in fact, there are no software companies in it...
- Top IT companies
- A list of the largest IT companies in the world, ranked by annual revenues. Includes hardware, software and services.
