Macy's holiday hiring up 3.6 pct

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  • My2Cents Taylorsville, UT
    Sept. 30, 2014 6:17 a.m.

    Hiring up 3.6%, wages down by 5% will just be a wash for the economy. Its doubtful that shopping and credit buying will be any better. The economy hasn't improved for the necessities in life and the trinkets will not be so important to consumers anymore.

    Consumers are tired of the debt and higher bank fees and getting out of debt has become an economic emergency for consumers. I think the consumer buying and spending will not be as popular as in the past. For one thing tax refunds will fall dramatically becasue of the ACA tax and penalties will reduce the debt spending of the past.