The unemployment rate continued its descent in August, falling to its lowest level since April 2008.
But while the steadily improving jobs picture is no doubt a boon for consumers' bank accounts—and, as a result, retail sales—labor experts warn that a tightening job market may add a new wrinkle to retailers' holiday hiring plans.
As online sales growth continues to outpace that at physical shops, experts say retailers are already having trouble filling positions in the heart of their digital operations—their warehouses.
A continuation of this trend could be particularly troublesome for companies during the peak shipping days of the winter holiday season, when distribution centers often require two to five times the staffing, said Frank Layo, a partner at supply chain consulting firm Kurt Salmon.
"It's really become a major supply-chain risk," he said.