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 Clueless: Supposedly, The End of Retail: Why the Future of Shopping Doesn't Need Workers

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Clueless: Supposedly, The End of Retail: Why the Future of Shopping Doesn't Need Workers Vide
PostSubject: Clueless: Supposedly, The End of Retail: Why the Future of Shopping Doesn't Need Workers   Clueless: Supposedly, The End of Retail: Why the Future of Shopping Doesn't Need Workers Icon_minitimeSun Apr 15, 2012 6:35 am
After quadrupling in the second half of the 20th century, retail's work force is stalled out and declining as a share of the economy.

Clueless: Supposedly, The End of Retail: Why the Future of Shopping Doesn't Need Workers Bestbuy20070222



This end of retail might have begun in 1997, the year the great jobs race was all tied up.

In that year, there were 14 million people working in retail, 14 million people working in the health & education super-sector, and 14 million people working in professional & business services. So, for a split second, there was virtual tie in the race within service jobs.

Fifteen years later, the tie-game has turned into a blow-out. Health care jobs grew by almost 50%. Professional/business services -- a catch-all that includes such wide-ranging jobs as law, software engineering, and waste management -- rode the roller-coaster of two recessions and wound up 4 million jobs biggers. And then there's retail. In 15 years, retail added only 400,000 new workers, or 26,000 jobs a year. In the time that health/education jobs grew by 50%, retail grew by 0.2%.d out and declining as a share of the economy

http://www.theatlantic.com/business/archive/2012/04/the-end-of-retail-why-the-future-of-shopping-doesnt-need-workers/255863/
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