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What is The Kronos Retail Labor Index?

April 26, 2017index kronos labor retail

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What is The Kronos Retail Labor Index?

1 Answer

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10 Posted

• The Kronos Retail Labor Index is a family of metrics and indices that analyze the relationship between the demand and the supply sides of the labor market within the retail sector. It is derived from a single unified data set, allowing for statistically appropriate comparisons and time series–based trending analysis. Firms that use Kronos hiring solutions employ approximately 15% of the U.S. consumer retail labor market, providing Kronos with a unique set of data on employee job applications, hirings, and length of service. The Kronos Retail Labor Index provides a distinct and early indicator of the health of the retail sector.