Markets

Holiday Sales To Increase: Will Retailers Hire?

Updated on: October 7, 2010 / 8:10 AM EDT / MoneyWatch

The National Retail Federation says holiday sales are expected to rise 2.3 percent over last year. While that's up from the dismal last two years, it's still slightly lower than the 10-yr average for holiday sales of 2.5 percent. Maybe that's why holiday hiring is expected to only creep slightly higher over the next three months.

I discussed the trends for retailers with WCBS-TV this morning.

Jill Schlesinger

Jill Schlesinger, CFP® is the Emmy-nominated business analyst for CBS News. She covers the economy, markets, investing and anything else with a dollar sign on TV, radio (including her nationally syndicated radio show), the web and her blog, "Jill on Money." Prior to her second career at CBS, Jill spent 14 years as the co-owner and chief investment officer for an independent investment advisory firm. She began her career as a self-employed options trader on the Commodities Exchange of New York, following her graduation from Brown University.

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