Matthew Yglesias crunches the latest employment numbers and returns to a theme that he and I are fascinated with:
General Merchandise Stores stores got killed with 35,400 job losses while Food Services and Drinking Places added a stellar 40,800 jobs. That's the future of the retail environment if you ask me. Fewer stores, more eating and boozing. Health care (as ever) adds lots of jobs.
I've noted this trend in downtown Boston, both in terms of the growth in eateries and in the disappearance of department stores.
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