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Amazon is going to kill more American jobs than China did
Market Watch ^ | 20 January 2016 | Rex Nutting

Posted on 01/23/2017 3:36:10 PM PST by Lorianne

Millions of retail jobs are threatened as Amazon’s share of online purchases keeps climbing ___ Amazon.com has been crowing about its plans to create 100,000 American jobs in the next year, but as with other recent job-creation announcements, that figure is meaningless without context.

What Amazon won’t tell us is that every job created at Amazon destroys one or two or three others. What Jeff Bezos doesn’t want you to know is that Amazon is going to destroy more American jobs than China ever did.

Amazon has revolutionized the way Americans consume. Those who want to shop for everything from books to diapers increasingly go online instead of to the malls. And for about half of those online purchases, the transaction goes through Amazon.

For the consumer, Amazon has brought lower prices and unimaginable convenience. I can buy almost any consumer product I want just by clicking on my phone or computer — or even easier, by just saying: “Alexa: buy me one” — and it will be shipped to my door within days or even hours for free. I can buy books for my Kindle, or music for my phone instantly. I can watch movies or TV shows on demand.

But for retail workers, Amazon is a grave threat. Just ask the 10,100 workers who are losing their jobs at Macy’s.

(Excerpt) Read more at marketwatch.com ...


TOPICS: Business/Economy
KEYWORDS: amazon; bezos; ecommerce; jobs; retail
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To: Crucial

They used to call Best Buy the Showroom for Amazon.

Nowadays some Retail establishments will match the Online Prices. I know Guitar Center has for a while.


121 posted on 01/24/2017 12:00:18 PM PST by Kickass Conservative ( Democracy, two Wolves and one Sheep deciding what's for Dinner.)
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To: max.ripp

Sell out. You can be a Nationalist and a patriot or a globalist NWO Free trade supporter. But not both.


122 posted on 01/24/2017 12:00:41 PM PST by central_va (I won't be reconstructed and I do not give a damn.)
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To: max.ripp

I am glad to hear it. Thank you for doing that.


124 posted on 01/24/2017 12:17:27 PM PST by central_va (I won't be reconstructed and I do not give a damn.)
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To: max.ripp

I am just a software engineer competing with a flood of H-1b visa immigrants who knock my wages down and want to take my job on a daily basis. I can’t compete with a hero like you.


126 posted on 01/24/2017 12:27:45 PM PST by central_va (I won't be reconstructed and I do not give a damn.)
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To: max.ripp

Waiting for what? If you believe in protectionism and repealing trade agreements then you are not a Free Traitor™. I take it back? Well?


129 posted on 01/24/2017 12:34:11 PM PST by central_va (I won't be reconstructed and I do not give a damn.)
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To: max.ripp

ttyl


134 posted on 01/24/2017 2:19:43 PM PST by central_va (I won't be reconstructed and I do not give a damn.)
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To: max.ripp

nobody cares, you have degree in life.


137 posted on 01/24/2017 4:22:16 PM PST by central_va (I won't be reconstructed and I do not give a damn.)
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