The number of retail jobs being lost as stores close or close to closing is growing, and they are not going to be the only ones, said Mike Laughlin, chief executive of the U.S. Department of Labor.
The Department has a website with a snapshot of retail employment that shows about 10,000 retail jobs in the U, many of them temporary.
There are more than 10 million retail workers in the country, according to the Labor Department.
Many retail jobs are temporary, and there are also more permanent positions that can be filled by contractors or others.
The temporary jobs aren’t likely to be lost quickly, but they are likely to go away as stores open and businesses begin to close.
“The number of jobs that are being lost is increasing every day, and we have to keep an eye on it,” Laughlin said.
“Retail is a big industry, so the fact that we have fewer jobs than we used to shows how important retail is to our economy,” he said.
Laughlin said retailers are doing everything they can to help make up for the lost jobs, but that will take time.
The unemployment rate for retail workers has fallen from 10.1 percent in January to 8.5 percent in August.
“We know it’s tough out there,” Lahnesaid.
“The retail sector has seen the decline in its job growth and its payroll growth, so it’s hard to see that coming back.”
He said retailers need to be able to keep the doors open, because that keeps more customers in the stores and encourages people to stay longer.
“When we open and when we close, people are coming in, so we need to continue to do the same thing,” Lauer said.
“Retailers are going to have to adapt to new conditions, and it’s going to take a long time to figure out what that means.”
Laughlin has already been talking with other retailers to find ways to adapt and get more jobs in stores.
The department’s website lists more than a dozen retailers that are closing and will be closing at a time, including the Sears, Gap, Macy’s and Home Depot.
Laughlin noted that many of the retailers are still profitable.
The retailer, which was founded in 1911, has been in bankruptcy several times, including once in 2000.
It had about 10 stores in the United States at the time of its bankruptcy.
Laughing stock at the idea of losing jobs, Laughlin told CNBC he was optimistic the industry will rebound.
“If you look at the numbers, it’s only going to get worse if we don’t do anything about it,” he told CNBC.
“We’re going to lose as many as 20,000 jobs in just two years, and this is not going away.”