How Is Online Shopping Affecting Retail Employment?
Jason Bram and
Nicole Gorton
No 20171005, Liberty Street Economics from Federal Reserve Bank of New York
Abstract:
It’s been said that if you want to know how the economy is doing, look at how many people are carrying shopping bags. That adage may not hold so well today. The rise of the internet and e-commerce over the past two decades has chipped away at the market share of “brick and mortar” retailers. But it’s only been in the past few years that this shift in market share has had a noteworthy effect on retail employment. In this post, we focus on national and local employment trends in two categories of retail—department stores and nonstore retailers—and try to assess how the surge in online shopping has affected local labor markets across the United States.
Keywords: online shopping; retail; employment; county (search for similar items in EconPapers)
JEL-codes: J00 R1 (search for similar items in EconPapers)
Date: 2017-10-05
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Persistent link: https://EconPapers.repec.org/RePEc:fip:fednls:87217
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