6 Matching Annotations
  1. Mar 2018
    1. It is anticipated there will be an increasing demand for workers with computer skills.

      quote

  2. libertystreeteconomics.newyorkfed.org libertystreeteconomics.newyorkfed.org
    1. areas that are losing a lot of department store jobs may not be the ones gaining online retail jobs.

      .

    2. Since early 2013, department stores have eliminated roughly 80,000 jobs, on net, while nonstore retailers have added roughly 100,000.

      online retailers are getting the jobs department stores had

    3. department stores have seen steeper job losses than other types of retailers in recent years and may be among the most vulnerable to the rise of online shopping.

      .

    4. First, let’s look at trends in online retail sales over the past two decades. As shown in the chart below, online sales have grown strongly, with their share of total retail sales increasing from 2.5 percent in the mid-1990s to around 5 percent in the mid-2000s, then doubling again to exceed 10 percent today.

      exponential growth

    1. Employment attributed to electronic shopping firms has doubled

      does this make employment in actual retail stores decline?