posted on Dec, 7 2013 @ 12:48 AM
So are we going to see a thread every time a company decides to cut hours? Jeez we might need a new forum for that
Its a valid statement on the current state of the Economy.
I've managed retail most of my career, from small specialty shops, to large big box retail, to the district and regional level.
Retail trends are an important indicator of the health of the nations economy, it is foolish to not heed these type of stories.
Retail is drastically cutting hours and full time jobs in droves, and it is changing the shape of the economic landscape.
Retail is the bastion of employment for a certain age groups, usually those struggling to get by 16-25, to retirement age and up.
The trend of underemployment is going to have massive societal effects outside of "Gee another company cutting jobs" Its going to go much
That college student working staples easy tech, who just got cut hours, now has to look for a second income to make up the gap. Which equals reduced
time for school, which causes the student to have to cut back on that education due to time. Thats one personal example, my brother works Easy tech
and he faces such a choice now.
Thats just one person, imagine that amplified across the board of that age group, and you begin to see why such a thread like this matters.
OR you know, we could all stick our heads in the sand and ignore the after effects of ACA, which ever works.