As the holiday hiring season approaches, job openings in the retail industry are already at record levels.
The RILA represents the largest retailers in the U.S. Walmart, Target, Costco, Walgreens and many others.
The labor shortage is a big problem for retailers.
But for average retail workers?
Thats good news, Armstrong said.
There are a lot of employers out there competing for them.
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The stiff competition for labor leads to better schedules, wages and benefits for workers.
The company also plans to increase all beginning wages to $15 an hour by 2020.
In June, Costco hiked starting wages to $14 an hour.
Gap Inc.announced Mondaythat it is looking for 65,000 seasonal workers.
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Younger workers, especially, are attracted to the work-when-you-wanna-work aspect of the gig economy.
The gig economy is providing so much more scheduling flexibility, Armstrong said.
Retail is trying to catch up on that.
Over the past year, retail wage growth has outpaced that of other industries.
If the intense competition among retailers continues, employees can expect benefits to keep getting better.
Retailers are getting folks in the door in the seasonal space, Armstrong said.
Then they can retain them throughout the rest of next year.
Adam Hardy is a reporter, editorial assistant at The Penny Hoarder.
He writes about careers for The Penny Hoarders Make Money vertical.
Read hisfull bio here, or say hi on Twitter@hardyjournalism.
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