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America's Retail Job Growth Illusion: More Workers, Fewer Hours
IBD ^ | 03/27/2014 | Jed Graham

Posted on 03/27/2014 6:36:58 AM PDT by SeekAndFind

The rank-and-file retail workforce has never been through an employment drought like the kind seen in the past two years, outside of a recession or its immediate aftermath.

While retail-industry woes are a regular news staple, the sector's addition of 308,000 nonmanagerial jobs from December 2011 to December 2013 — before severe winter weather began skewing economic data — has provided the appearance of a recovery in payrolls. Yet that increase was offset by a slide in the average workweek to 30 hours from 30.7 hours.

In fact, total hours clocked by nonsupervisors didn't budge in that two-year span, Bureau of Labor Statistics data show. (They later took a weather-related dive to start 2014.)

"When you go into stores these days, it's increasingly difficult to find service," said Ken Perkins, president of Retail Metrics.

Companies have been adopting self-checkout machines and scanners to check prices, while shifting more of their investment to their online operations, he pointed out. This recent, unusual period of stagnation is important to consider because no sector employs more low-wage workers, so none may be more central to the debate over how to narrow inequality.

The retail industry encompasses 13.1 million nonsupervisory workers who earn, on average, just over $14 an hour. And the number making less than $10 an hour tops 5 million.

The key question is how retail-sector employment of low-wage workers, currently at a standstill, will hold up if employers are mandated to take on more responsibility for health care coverage and pay a substantially higher minimum wage.

(Excerpt) Read more at news.investors.com ...


TOPICS: Business/Economy; Culture/Society; News/Current Events
KEYWORDS: jobgrowth; jobs; retail; unemployment

1 posted on 03/27/2014 6:36:58 AM PDT by SeekAndFind
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To: SeekAndFind

2 posted on 03/27/2014 6:37:21 AM PDT by SeekAndFind (question is this)
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To: SeekAndFind

PUSH BACK ON THE USE OF THE TERM “WORKERS”

The implications of that word empower the left.

People are “employees”. They are individual independent contractors, not someone stuck in a specific job working for a specific employer and totally helpless to change his plight, as “workers” implies.


3 posted on 03/27/2014 6:38:24 AM PDT by MrB (The difference between a Humanist and a Satanist - the latter admits whom he's working for)
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To: SeekAndFind

I have a friend, older single woman living alone, works retail and used to get her 40 hour work week. She has been cut back to 34 hours. She is having a very difficult time making it.


4 posted on 03/27/2014 6:40:27 AM PDT by dforest
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To: SeekAndFind

If retail is your measurement of economic health, you’re already screwed not matter what the numbers are.


5 posted on 03/27/2014 6:48:08 AM PDT by Wolfie
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To: SeekAndFind

Let’s employ everyone for 1 hour per week. We’ll have negative unemployment before you know it.


6 posted on 03/27/2014 6:48:27 AM PDT by fwdude ( You cannot compromise with that which you must defeat.)
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To: SeekAndFind
Series title: (Seas) Labor Force Participation Rate
Labor force status: Civilian labor force participation rate
Type of data: Percent or rate Age: 16 years and over



The RATS tool over Congress in Jan 2007. Hussein took the throne in Jan 2009. You figure it out America.
7 posted on 03/27/2014 7:12:32 AM PDT by Cheerio (Barry Hussein Soetoro-0bama=The Complete Destruction of American Capitalism)
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To: MrB

I feel the same way about the word worker and I do everything I can to avoid using it as the media leftists do. I say employee and employer.


8 posted on 03/27/2014 7:25:31 AM PDT by wally_bert (There are no winners in a game of losers. I'm Tommy Joyce, welcome to the Oriental Lounge.)
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To: latina4dubya

ping...


9 posted on 03/27/2014 7:30:24 AM PDT by latina4dubya (when i have money i buy books... if i have anything left, i buy 6-inch heels and a bottle of wine...)
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To: SeekAndFind
America's Retail Job Growth Illusion: More Workers, Fewer Hours

Just following the example of product packaging in the marketplace. Less is more, more or less.

10 posted on 03/27/2014 8:33:06 AM PDT by Mastador1 (I'll take a bad dog over a good politician any day!)
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To: Wolfie
If retail is your measurement of economic health, you’re already screwed not matter what the numbers are.

Somehow, the cheerleaders for the "Service Economy" didn't mention that.

11 posted on 03/27/2014 8:43:05 AM PDT by Oatka (This is America. Assimilate or evaporate.)
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To: dforest

“I have a friend, older single woman living alone, works retail and used to get her 40 hour work week. She has been cut back to 34 hours. She is having a very difficult time making it.”

Well Obama said now she will have more liesure time to enjoy herself. :-)


12 posted on 03/27/2014 9:09:17 AM PDT by Georgia Girl 2 (The only purpose o f a pistol is to fight your way back to the rifle you should never have dropped.)
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To: Georgia Girl 2
She has been cut back to 34 hours. She is having a very difficult time making it.”

Yes, clearly she was "job-locked" before now. Now with Obamacare, she can quit that job and pursue a life of merriment and artistic ventures.

Seriously, that is sad.

13 posted on 03/27/2014 9:12:01 AM PDT by Lou L (Health "insurance" is NOT the same as health "care")
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To: Georgia Girl 2; Lou L

She has worked hard for this company 10 years and only makes 10 dollars an hour. She is a cashier. By the time she pays for her health insurance and the taxes come out. She isn’t left with much.

She tried to file for food stamps and was refused.

She is rich ya know.

Seems I may have to offer her a room in my house. I would never leave her on the street.


14 posted on 03/27/2014 10:51:52 AM PDT by dforest
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To: Wolfie

The lady I know had a cheatin’ hubby who left her. She was too old to find much else at her age and with her education. She raised 3 kids and worked hard.

She doesn’t complain much, but there is not much else she can do at 62 years old.


15 posted on 03/27/2014 10:54:46 AM PDT by dforest
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