Half of All Retail Jobs Could Be Gone in 10 Years

Half of All Retail Jobs Could Be Gone in 10 Years

With all the focus on immigration’s effects on U.S. jobs, it may be that many are missing the bigger story of technological disruption .

With automation already displacing waves of workers across industries, the declining retail segment sticks out as a segment particularly vulnerable to cheaper, more efficient alternatives to human capital . (See also: What is the One Job Automation Has Eliminated in the Past 60 Years? ) ‘Stranded Workers’

A recent report conducted by Cornerstone Capital Group suggests that 47% of the 16 million Americans currently employed in the retail sector are at risk of becoming “stranded workers.” […]

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