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Creating New Jobs?

Discussion in 'Business & Economics' started by Old_Trapper70, Apr 8, 2017.

  1. Old_Trapper70

    Old_Trapper70 Well-Known Member

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    If you loved February numbers, and then March numbers, you will really hate the future:

    "The blight also is taking a toll on jobs. According to Labor Department figures released on Friday, retailers cut around 30,000 positions in March. That was about the same total as in February and marked the worst two-month showing since 2009.....

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    Year-to-date store closings are already outpacing those of 2008, when the last U.S. recession was raging, according to Credit Suisse Group AG analyst Christian Buss. About 2,880 have been announced so far this year, compared with 1,153 for this period of 2016, he said in a report."
     
    Last edited: Apr 8, 2017
  2. The Scotsman

    The Scotsman Well-Known Member

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    Amazon is taking its toll on the retailers
     
    Openmind likes this.
  3. Old_Trapper70

    Old_Trapper70 Well-Known Member

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    Amazon is highly automated, and that is the wave of the future.
     
  4. The Scotsman

    The Scotsman Well-Known Member

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    Yeah unfortunately right. I still can't bring myself to buy books from them. There's just something about going into a bookshop that I love!
     
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