Month: June 2017
Despite just 138,000 net new May jobs and downward revisions to March and April, US job growth is solid and well above the level needed to absorb new job entrants. To wit, the unemployment rate fell to 4.3%, the lowest…
Read MoreIn 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…
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