Retail Jobs Added (Seasonally Adjusted)

Retail Jobs Added (Seasonally Adjusted)

The retail sector is one of the largest employers of young adults and is projected to have the greatest job growth over the decade to 2020, making the condition of employment in the industry a crucial issue for young workers today and in the future. 

Unfortunately, most big retail firms can be characterized as low-wage employers, with the typical salesperson bringing home annual wages of $20,880 and the typical cashier even less, at $18,840.  After coming of age during years of economic malaise any job seems like a good job, but being trapped in low-wage employment is not likely to sustain that optimism.  In the months ahead young adults will temper their expectations based on the quality of work in the industries that are hiring.  That relationship makes the outlook for retail even more important for this generation.

Continue reading Young Adult Employment Report for October 2012

Tagged: