EMPLOYMENT & UNEMPLOYMENT • Apr 2022 • Volume 11 / Number 4
Retail trade is one of the largest and most closely followed industries in the U.S. economy. Retailers enable producers to sell their merchandise to consumers, and their activities are closely tied to broader trends in consumer confidence and spending measures. During the COVID-19 pandemic, retail trade experienced sharp declines in employment and output as many retailers and consumers began to engage in contactless shopping and curbside pickup.
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United States Department of Labor
