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Talk about doing more with less! I made a purchase this week at Amazon.com. I did not speak to a retail salesperson. My computer talked directly to Amazon's computers.
Why does this matter? Jobs! The following is what the BLS said last year.
March 4, 2011
Internet sales have not decreased the need for retail salespersons.
Who in their right mind believed that? This is what the BLS says now.
BLS: Retail Sales Workers: Job Outlook
However, employment in department stores has declined in recent years and will likely continue to be weak.
I would mention Eddie Lampert here but that's not my style! ;)
Many workers leave this occupation, which means there will be a large number of job openings.
I suggest a lucrative career in pig lipstick sales. The bull market has been alive and well for more than a decade.
Our Pillars of Retail Strength
St. Louis Fed: All Employees: Retail Trade: Nonstore Retailers
U.S. Census: Monthly & Annual Retail Trade