Retail Industry Meltdown Hits Women Hard; Men Remain Unscathed
- Women account for virtually all posts lost in the past year
- Department stores cut 161,000 female workers, added 88,000 men
The Death of the Department Store
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As embattled U.S. retailers shed jobs over the past year, women have borne the brunt of the losses. Men, on the other hand, have made steady gains in the retail workforce.
Women lost 129,000 retail positions in the last year, according to Bureau of Labor Statistics data analyzed by the Institute for Women’s Policy Research. Men gained 106,000 positions.