Booming jobs market is leaving the retail industry behind

div > div.group > p:first-child"> Though many American industries have ramped up hiring in recent years amid a strong economy and easier regulations under President Donald Trump, one sector in particular has lagged the rest: retail.

The lukewarm gains in the retail sector have come despite a broader economic groundswell, with Trump's corporate tax cuts giving businesses a balance sheet boost, goosing GDP growth above the rate many economists feel is sustainable. As an example the thriving shift toward automation at retailers nationwide, Walmart announced earlier this year that it is expanding its"Scan & Go" technology to an additional 100 locations across the U.S. For consumer staples like groceries that customers still don't feel comfortable purchasing online, Kroger's new"Scan, Bag, Go" platform will allow shoppers to scan their items themselves and allow the chain to cut cashiers at 400 locations.

Perhaps emblematic of the struggles of some retailers to keep up in the modern era, the October bankruptcy filing of Sears Holdings represented for many economists a key moment in the shift toward a leaner business model.

There is a such thing as ordering too much inventory.

, I count six jobs lost in this picture, hurting booming job market.

Booming job market... 🤔I don’t see it. As a mechanical engineer living in Chicago, there are hundreds of people always applying for the same jobs. All the undergraduates I graduated with took AT LEAST a year to get a job. It is not as they say.

CORRECTION: COOKED job market news PREPARED using information from documents produced using BAKED NUMBERS at the department of LABOR is leaving BOTH Jobs & Retail Industry behind.

Could have something to do with self checkouts ? and paying 15.00 dollars a hour ? Their prices have gone up ,so I just have mine delivered through Amazon.

They should have thought about that instead of offering slave rates

the reason?

Guys, do some resesrch. The job market is not booming any more than it has over the past 7 years. If anything the numbers are on the lower end.

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

America's bustling jobs market is still leaving some people behindFor those in the labor market, employers and job-seekers alike, the details of the U.S. labor market are complicated. The jobs are there. Encourage training. All the wonderful Liberals should be mentoring instead of complaining. Wow. Took 3 hours to try and spin this incredible report. I guess you get an A for effort? Why so negative always let's here some of the good news about this economy I'm fine with fair reporting but why be liberal before American
Источник: CNBC - 🏆 12. / 72 Прочитайте больше »

Tesla boom lifts Norway's electric car sales to record market shareAlmost 60 percent of all new cars sold in Norway in March were fully electric, t...
Источник: Reuters - 🏆 2. / 97 Прочитайте больше »

Tesla boom lifts Norway's electric car sales to 58 percent market shareAlmost 60 percent of all new cars sold in Norway in March were fully electric, t... ...Lefties should be wary what they wish for...fossil fules will have to be increased for adding power plants when all go EV... Would love to see a breakdown of electric energy sources in Norway. Wind? Fossil? Hydro? I appreciate their leadership. Gee, I wonder if it's because a) the Government stayed out of the market, or b) the Government used other people's money to heavily subsidize the cost?
Источник: Reuters - 🏆 2. / 97 Прочитайте больше »

Legal immigrants with jobs in the marijuana industry are being denied US citizenship'I've done everything by the book.' Legal immigrants with jobs in the marijuana industry are being denied U.S. citizenship: DonaldJTrumpJr this isn't right. The DOT had the same problem. It started getting pig headed. About favors and son inlaws. So the highway patrol had to take over. You are still breaking federal law when getting into the marijuana business. Don't break the law and you won't have to worry.
Источник: ABC - 🏆 471. / 51 Прочитайте больше »

Chart shows market rebound is second best ever during a growth period … behind the 1998 tech boomAvalon Advisors' Bill Stone is building a bullish case based on the market's momentum. Where is the growth?
Источник: CNBC - 🏆 12. / 72 Прочитайте больше »