Kronos report: Retail hiring highest since end of recession
Chelmsford, Mass. — A report released Tuesday by Kronos said that the retail hiring levels have reached the highest mark in nearly three years. The Kronos Retail Labor Index, which characterizes the current state of the demand and supply sides of the labor market within the U.S. retail sector, rose to 3.9% in September, reflecting a strong gain in hires and a modest decline in applications, all on a seasonally adjusted basis. (A level of 3.0% means that for every 100 applications received, three hires occurred).
“Underlying the increase in the Index was a strong gain in retail hiring, which posted a 12.6% increase from August to September, to 38,252 hires, the highest level in nearly three years,” said Chris Varvares, senior managing director and co-founder, Macroeconomic Advisers.
“The recent sharp uptick in hiring, coupled with a rise in monthly applications since earlier this year, suggests that retail labor market activity is picking up," he added.
Jo-Ann increases holiday hiring
Hudson, Ohio — Jo-Ann Fabric and Craft Stores said Monday it will increase its work force by more than 15% for the holiday season.
Tom Williams, senior VP human resources for Jo-Ann, announced the company has begun the seasonal recruiting process and will hire more than 3,000 additional employees before the holidays.
The company attributes the seasonal hiring to anticipation of increased traffic in stores through the holiday season.
Walgreens names exec additions to pharmacy, health and wellness division
Deerfield, Ill. — Walgreen Co. said Tuesday it has added two executives to its pharmacy, health and wellness division.
Dr. Jeffrey Kang will join the company on Oct. 31 as senior VP health and wellness services and solutions.
In addition, Mike Ellis has joined Walgreens as VP specialty pharmacy and infusion.
Most recently, Kang was chief medical officer at CIGNA. Ellis has served as senior VP specialty trade relations and contracting and pharmaceutical services for CVS Caremark.