Retail workers are being displaced in droves
After a steep rise following the financial crisis, U.S. retail jobs have been plummeting since the start of the year.
Why this matters: The likely irreversible plunge in these relatively low-wage jobs — $18-an-hour employment for teens, adults, immigrants and senior citizens for generations — primarily affects the working class people whose shrinking opportunities have underpinned populist politics in the U.S. and abroad. And the jobs being created in their stead, in online warehouses for companies like Amazon, are too few to soak up those displaced.
Data: Bureau of Labor Statistics; Chart: Lazaro Gamio / Axios