One More Store reposted this
I was reminded again today of the impact that the retail sector has on cities when I came across this National League of Cities Study about retail as a vehicle for "recovery" and "resilience" and was struck by how nuanced the current environment can be in the face of some challenges. Let's take a look: The study is wide-ranging, but one of the things it tries to project is the retail employment environment through 2029. The overall estimate is an over DECREASE of employment within retail of 1.7%, but when you push into the number a little further there is a disparate impact by GENDER. The category of retail jobs that were historically filled mostly by women (cashiers -7% / telemarketers -12%) are declining while categories historically mostly filled by men (drivers +3% / laborers +4%) were INCREASING. So even in the face of an OVERALL decline there is also a GENDER-SHIFT happening in the sector. Where do you think this shift is taking us? You can find the NLC study here: https://lnkd.in/dyAeYGGu One More Store Elle Ramel
Marvin A. François, CFA + Jennifer Gomez 👀 what do you think?
Founder & Community Development Leader
11moThese findings are scary, we need to get ahead of it. Thanks for sharing 🙏🏾