Monday, March 10, 2008

Jobs get tossed out of stores

An economic downturn is eroding jobs in Columbus, a city where a vibrant retail landscape had been a key driver of economic growth.

As U.S. job growth hits the skids, a shrinking labor market means one thing for the nervous retail workers who reside in Columbus, Ohio: Their job is on shaky ground.

The nation's labor market lost a much larger-than-expected 63,000 jobs last month.

Retailing was hit hard, accounting for 34,000 job cuts across department stores, building supplies and garden equipment sellers and auto dealers.

Read Complete Story

No comments: