The retail sector experiences a massive surge during the "Golden Quarter" (October through December). Stores hire thousands of temporary workers to handle the Christmas rush. Once the New Year begins and returns are processed, this temporary workforce is let go.
Unlike cyclical unemployment (linked to recessions), seasonal fluctuations follow established patterns like holidays, weather cycles, or harvest times.
The retail sector experiences a massive surge during the "Golden Quarter" (October through December). Stores hire thousands of temporary workers to handle the Christmas rush. Once the New Year begins and returns are processed, this temporary workforce is let go.
Unlike cyclical unemployment (linked to recessions), seasonal fluctuations follow established patterns like holidays, weather cycles, or harvest times.