Retail workers are being displaced in droves

thekinggovernor

President Joe Biden Vice President Kamala Harris
Aug 11, 2003
184,760
CAROFUCKINGLINAS
After a steep rise following the financial crisis, U.S. retail jobs have been plummeting since the start of the year.

Why this matters: The likely irreversible plunge in these relatively low-wage jobs — $18-an-hour employment for teens, adults, immigrants and senior citizens for generations — primarily affects the working class people whose shrinking opportunities have underpinned populist politics in the U.S. and abroad. And the jobs being created in their stead, in online warehouses for companies like Amazon, are too few to soak up those displaced.

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Our thought bubble: Until now, retail workers — unlike the car-making and coal-mining industries — have made little political splash. Look for that to change.

The numbers: U.S. retail jobs (mainly cashiers and sales people) plummeted by about 60,000 in the first three months of the year, to about 15.85 million, according to preliminary data from the Bureau of Labor Statistics.

Reality check: That decline is more than the 53,000 people employed in all aspects of coal mining, including executives and administrative staff, an industry on which President Trump has been fixated.

What they're saying: "The backdrop is that there have been significant layoffs in major retail including department stores," said Mark Muro, of the Brookings Institution. "The department store platform seems to be falling apart."

Why now? The dramatic consumer rush to online shopping. This is reflected in a rise in the number of jobs in Amazon-type jobs, which pay more — an average of about $25 an hour, according to the BLS. But Amazon and the other online merchandizers are rapidly automating, so the number of jobs rose only by 9,300 in the first three months of the year, to about 555,700.

https://www.axios.com/retail-jobs-declining-after-financial-crisis-2366712352.html
 
Last edited:

mdaniel

S is for Shiksa
May 6, 2000
62,756
NW Mejicooooooo
Why now? The dramatic consumer rush to online shopping. This is reflected in a rise in the number of jobs in Amazon-type jobs, which pay more — an average of about $25 an hour, according to the BLS. But Amazon and the other online merchandizers are rapidly automating, so the number of jobs rose only by 9,300 in the first three months of the year, to about 555,700.

https://www.axios.com/retail-jobs-declining-after-financial-crisis-2366712352.html

Which jobs at Amazon pay $25/hr? Surely not the warehouse jobs. I'm guessing that $25/hr is a meaningless number composed of low paying warehouse jobs and high paying web/coding/IT jobs which those displaced retail workers will never be qualified for.
 

gimpshiznit

Totally not Larry
Aug 9, 2003
193,139
Twin Shitties
There is a shrinking job pool for the low-skilled laborer in our current economy. It's a bit frightening.
yep. we're going to be forced to rethink our ideas of full employment and social safety nets.
essentially we're going to be forced to deal with the fact only ~50% of the population has enough skill to be a productive member of the economy.
 

gimpshiznit

Totally not Larry
Aug 9, 2003
193,139
Twin Shitties
So after automation puts everyone below the level of a code monkey of work, who's going to buy their products?
yep. we're going to be forced to rethink our ideas of full employment and social safety nets.
essentially we're going to be forced to deal with the fact only ~50% of the population has enough skill to be a productive member of the economy.
.
 

CLOT

Well-Known Member
Jun 30, 2003
69,500
how someone can be for saving coal but not for raising minimum wage is mind bottling
 

stevezissou

OT Supporter
Jul 15, 2009
40,926
US
There is a shrinking job pool for the low-skilled laborer in our current economy. It's a bit frightening.
While simultaneously costs of hiring, maintaining, firing an employee keep going up.

Like there is some kind of force responsible for all of this this..........
 
TS
TS
thekinggovernor

thekinggovernor

President Joe Biden Vice President Kamala Harris
Aug 11, 2003
184,760
CAROFUCKINGLINAS
yep. we're going to be forced to rethink our ideas of full employment and social safety nets.
essentially we're going to be forced to deal with the fact only ~50% of the population has enough skill to be a productive member of the economy.
which is why trump loves to rant about slashing government but never the social net for old people
 

gimpshiznit

Totally not Larry
Aug 9, 2003
193,139
Twin Shitties
Right now, approximately 200 million americans subsidize the lives of 118 million americans.
we will likely have such tremendous economic productivity out of the very few, that we'll see something like 100 million americans subsidizing 218 million people
 

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