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.

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