Sunday, October 20, 2019

Here’s where the jobs are — in one chart

In September of this year the winner for most jobs added is the education and health industry with 40,000 new jobs. The big loser was the retail industry with a loss of 11,400. Since reaching a peak in January 2017, retail trade has lost 197,000 jobs. This is unsurprising considering how market places such as Amazon have put a huge dent in the traditional retail industry. Wages increased on a slower pace than August. Unemployment fell to a new 50 year low of 3.5% showing that even with a possible recession upcoming the market is still going strong.

https://www.cnbc.com/2019/10/04/heres-where-the-jobs-are-for-september-2019-in-one-chart.html

1 comment:

  1. i would agree with the fact that it is unsurprising to see a fall in the traditional retail industry. Online shopping has changed the way people prefer to shop

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