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We did not see such a change in the “traditional” retail labor pool – high school and college-age applicants. The applicant pool is becoming older as more experienced workers are competing for entry-level jobs with younger workers. The percentage of Baby Boomer applicants has increased since 2006 from 6.2% to 8.3%, while Generation Y’s share has dropped from 79% of the total to 74%. Historically, a segment of the population sought part-time retail work either for supplemental income, or to work part-time for lifestyle reasons (for example, as a second household income). Those specifically seeking part time work have decreased from 43% of the total in Q4 2006 to 34% in Q4 2009. Less confident of their ability to find work at all, a larger percentage of applicants will now accept either part time or full time work.


