Asset icon - trade crypto, stocks, and gold on Pluang
Trade on Pluang
One platform for all markets
Download
Trading banner 1
Trading banner 2
Trading banner 3
Trading banner 4
Trading banner 5
Trading banner 6
Trading banner 7
Trading banner 8
Trading banner 9

Retail sector adds 22,000 jobs in April amid strong consumer spending despite economic worries

Market News
10 May 2026
CNBC
Neutral
pluang ai news

The retail industry added nearly 22,000 jobs in April, making up about one-fifth of total job growth, driven by confident consumer spending despite economic uncertainties like inflation and high gas prices. Retail employment reached its highest level since July 2024, with warehouse clubs and supercenters leading hiring gains. However, some sectors like department stores and electronics saw job declines, and rising gas prices and geopolitical tensions pose risks to future spending and employment growth. Economists warn that if consumer sentiment worsens, retail job gains could reverse.

banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App