Retail Employment Statistics
What is it?
The retail industry employment statistics are monthly employment data based on surveys conducted by the Bureau of Labor Statistics (BLS) that provides employment levels in the various retail segments. The top level category is Retail Trade Employment (REEN/REES) which includes employment levels from the subcategories:
MVEN/S - Motor vehicle and parts dealers
HFEN/S - Furniture and home furnishings stores
EAEN/S - Electronics and appliance stores
GDEN/S - Building materials and garden supply stores
FBEN/S - Food and beverage stores
HCEN/S - Health and personal care stores
GSEN/S - Gasoline stations
CSEN/S - Clothing and clothing accessories
SGEN/S - Sporting Goods, hobby, book, and music stores
GMEN/S - General merchandise stores
NOEN/S - Non-store retailers
The numbers represent an estimation of actual employed individuals in the sector in thousands. As with the other employment level tickers the 4th letter indicates whether the number is not seasonally adjusted (N) or seasonally adjusted (S).
Who is interested?
Industry analysts, economists, company executives, human resources departments
What does it tell me?
The employment numbers will tell you the general health and direction of the sector's economic well being. Increasing employment numbers indicate an expanding need for workers, which means the sector has the funds available to increase employment levels. Comparing them against each other provides a deeper understanding of the economic direction of the country.