Dive Summary:
- The U.S. Jobs report released last week was an encouraging sign for the retail sector, adding a reported 29,000 new jobs in April 2013.
- With the jobless claims now at the lowest rate since the U.S. recession, many industry leaders are encouraged by consumer and economic resilience for brick-and-mortar retailers.
- The figures suggest that the jobs added within the retail industry in April seem sustainable, an encouraging sign for physical stores in their competition with mobile and online merchants.
From the article:
Low paying jobs they may be, but they’ll be around for a while. There was a time not long ago when people spoke of retail’s inevitable demise at the hands of dual threats: Wal-Mart superstores at one end sucking the customers out of any store in their catchment area, and Amazon and other online sellers at the other, offering better prices and more convenience online.
