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Re: 40 Million Retail Jobs Are Going To Disappear

By: capt_nemo in ROUND | Recommend this post (0)
Sun, 23 Sep 12 8:03 AM | 42 view(s)
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Msg. 44223 of 45651
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I can see that happening DE..The net is cool but it is going to destroy and already is a lot of jobs...........




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Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.


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The above is a reply to the following message:
40 Million Retail Jobs Are Going To Disappear
By: Decomposed
in ROUND
Sun, 23 Sep 12 5:24 AM
Msg. 44221 of 45651

Yuri Milner: 40 Million Retail Jobs Are Going To Disappear

Kim Bhasin|Sep. 22, 2012, 8:03 AM
BusinessInsider.com

Russian internet investor Yuri Milner had an ominous prediction for the retail industry and its many workers at a conference earlier this week in Ukraine.

He said that there will be “a pretty significant job loss in the retail sector to the tune of 40 million jobs in the next 20 years," according to Chrystia Freeland at Reuters.

What's going to cause that?

Milner estimates that right now, 6 percent of retail sales is done on the web, but that number will spike to 20 percent in the next decade. It will be 50 percent in two decades, he said.

More: http://www.businessinsider.com/yuri-milner-retail-jobs-disappear-2012-9#ixzz27D3nfxJ8


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