The Disappearing Retail Worker
Retail Jobs Disappearing as E-tail Becomes the Norm
With the rise of Amazon’s business model, more and more brick-and-mortar retailers are peddling their wares online, creating ease for the consumer but squeezing out the retail worker. An analysis from The Atlantic with data from the EMSI found that the retail industry gained just 49,000 jobs between 2003 and 2013, or grew by .32%, and consumers are spending more money per employee than they were a decade ago, meaning stores need fewer employees. “Retail traditionally employed high school and college students who were looking for jobs on breaks or over the summer. However, with the recession, older workers were finding permanent jobs with retailers. As these jobs disappear, these workers are going to have an increasingly hard time finding jobs just to pay the bills,” said CEO John Challenger. “These types of jobs are not being replaced.” What alternative jobs may exist for workers with these skills?
Read The Atlantic article here: http://finance.yahoo.com/news/sad-slow-death-americas-retail-120000544.h...