In 2000, when e-commerce was 1% of retail sales, department store employment was 1.8 million. Today, e-commerce sales are 8.5% of retail sales and department store employment is 1.3 million. During the same period, employment at non-store retailers rose from 425,000 to 560,000. Less than 30% of retail jobs lost are created by online retailers! Moreover, while 12% of retail jobs require a university degree, it’s 78% for e-commerce postings.