Monday, May 11, 2020

Retail jobs fall by 2.1M in April

Retail Dive
In a report that several analysts noted hasn't been so bleak since the Great Depression, the Department of Labor said​ Friday​ that the U.S. lost 20.5 million non-farm jobs in April, pushing the unemployment rate to 14.7%.

The number of retail jobs fell by 2.1 million, with 740,000 out of work at clothing and clothing accessories stores and 209,000 at furniture and home furnishings stores, according to the report, released by the Bureau of Labor Statistics. General merchandise stores, which include warehouse clubs and supercenters, actually gained 93,000 jobs, the government said.. . . more