Nov 24, 2017
5. E-commerce is creating jobs, not killing them
Data: St. Louis Federal Reserve; Chart: Chris Canipe / Axios
The growing popularity of online shopping has hit traditional retailers hard, culminating in a spate of retail bankruptcies and store closures in recent years. But according to an analysis from the Federal Reserve Bank of New York, the retail apocalypse has actually created nearly as many jobs as it has killed.