The unemployment rate produced by the bureau of labor statistics is running at a super-low 4.1%. But regardless of the tight labor market, home improvement stores are going to face increased activity in the aisles and in the checkout lanes during the busy spring-selling season.
As they do every year, Home Depot and Lowe’s have announced massive spring hiring sprees. For readers of HBSDealer, there is definite hiring movement at work — 59% plan some type of hiring spree. But the sprees are commonly described as “minor. “
Specifically, HBSDealer posed the question: “The big boxes announced massive spring hiring sprees. What's your spring strategy for human resources?”
Here is the breakdown of responses:
- Minor hiring spree — 43%
- Maintain current staff levels — 36%
- Major hiring spree — 16%
- Actually, we’re reducing staff — 5%