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    • Retail / Wholesale Sector & Unemployment

Retail / Wholesale Sector & Unemployment Newsletter
  • Morgan Stanley: AI to Slash 200,000 European Banking Jobs by 2030 02 Jan 2026 03:05 GMT

    … potentially leading to higher unemployment in regions dependent on … exacerbate job losses, as front-line staff in retail banking … whether AI will “demolish” jobs or merely transform them, … roles often employ a broad cross-section of workers, including those …

  • Georgetown Sprinkles store closes as the chain’s retail outlets are shuttered 02 Jan 2026 01:09 GMT

    Within days, one of D.C.'s popular cupcake bakeries went from serving up sweet treats to closing its doors. But not before employees faced the task of clearing out the Georgetown space. Within days, one of D.C.’s popular cupcake bakeries went from …

  • AI to Displace 14% of Jobs by 2026, Investors Predict 01 Jan 2026 14:24 GMT

    … immune either. Retail, hospitality, … long-term unemployment as workers struggle to … jobs by 2030. Analysts like Josh Bersin, in his blog, urge employerswholesale workforce reductions. This approach could mitigate shocks, fostering sustainable growth. Workers

  • Services drive growth—but mostly low-wage jobs, PIDS warns 01 Jan 2026 04:09 GMT

    … targeting both firm and worker capabilities. The think … million in October. Unemployment rose to a three … Filipinos jobless, while 48.62 million were employed. Employment in … Wholesale and retail trade also contributed to employment growth, adding 880,000 jobs

  • US jobless claims slow in last full week of 2025 amid weak labour market 31 Dec 2025 17:19 GMT

    … week of unemployment data for 2025. Jobless claims for … attributed to many federal employees leaving the workforce … jobs in October, largely due to departing federal workers, … job cuts include the shipping giant UPS, automaker General Motors, online retailer

  • Infotrak survey shows unemployment, 6 other financial challenges Kenyans faced in 2025 31 Dec 2025 12:35 GMT

    … 1,000 respondents, and unemployment emerged as the biggest … 1,000 respondents, and unemployment emerged as the biggest challenge … technology and communication, and wholesale and retail trade sectors was the … ,300 jobs in 2024. This was the slowest job growth …

  • Why AI Might Stamp Out Inflation but Endanger the Job Market 31 Dec 2025 11:11 GMT

    … today's "jobless profit boom," fueled … by Bloomberg found that wholesale electricity prices nearly quadrupled … job market. The retail giant cut 14,000 corporate workersworkers at risk of AI displacement to the manufacturing employees whose jobs

  • Unemployment slightly down in Estonia in 2025 31 Dec 2025 09:20 GMT

    … . The average registered unemployment rate for 2025 stood … percent in 2023, the Unemployment Insurance Fund (Töötukassa) … unemployed people had been made redundant from their previous jobemployees laid off in manufacturing and also in the wholesale and retail

  • Lower-Skilled U.S. Jobs Demand More Upskilling 31 Dec 2025 08:08 GMT

    … —such as those in retail, food service, and … polarization,” whereby middle-skilled jobs are shrinking, and the … extend beyond individual workers to employers and economic ecosystems … priority, alongside reforms in unemployment insurance and labor protections …

  • Aalst launches pilot project with 4 firms for job seekers 30 Dec 2025 18:23 GMT

    … residents affected by January 2026 unemployment cuts, launching a pilot project … person starts a job.  “It’s important that employers realise that … to also include the retail and hospitality sectors in … limited benefits for younger workers to between 12 and …

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