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May 06, 2006

Retail Jobs Slip In April

Employment in department and apparel stores dropped last month, possibly due to industry consolidation and technology advances.

Department stores shed over 15,000 jobs, leaving an employment base of 1.6 million, while apparel and accessories shops trimmed 1,000 employees, leaving 1.4 million.

The figures were released Friday by the U.S. Labor Department, which also reported that fewer jobs were created last month than expected. U.S. employers added 138,000 non-farm jobs in April, down from the 200,000 created in March.

The average hourly wage and length of the work week jumped, however.

Posted by Blacks on May 6, 2006 01:26 PM

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