Holiday hiring forecast to fall to 16-year low as tariffs force retail pullback
NegativeFinancial Markets

Deloitte Services has projected that holiday hiring will hit a 16-year low due to the impact of tariffs, leading to a pullback in retail. While retail sales are expected to increase by 2.9% to 3.4% from November 1 to January 31, this growth is a slowdown compared to last year. This matters because it highlights the challenges retailers face in a changing economic landscape, affecting job opportunities and consumer spending during the crucial holiday season.
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