Content about CDC KRONOS

August 3, 2012

The Kronos Retail Labor Index edged down one-tenth to 4.2% in July, reflecting declines in both hires and applications.

CHELMSFORD, Mass. — The Kronos Retail Labor Index edged down one-tenth to 4.2% in July, reflecting declines in both hires and applications. (The index is defined as the ratio of hires to applications within a given month, expressed as a percentage. A level of 3.0 means that for every 100 applications received, three hires occurred.)