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Re: 40 Million Retail Jobs Are Going To Disappear

By: ribit in ROUND | Recommend this post (0)
Sun, 23 Sep 12 8:57 PM | 45 view(s)
Boardmark this board | De's Test Board 		Msg. 44232 of 45651
(This msg. is a reply to 44221 by Decomposed)
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decomp
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.

...ha! Another Roosian tryin to horn in and take credit for AlGore's invention!




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Liberals are like a "Slinky". Totally useless, but somehow ya can't help but smile when you see one tumble down a flight of stairs!

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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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