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Thursday, January 22, 2026

General Merchandise Jobs Down 35,000 in March, Down 89,000 Since October: Is This Big Deal?

Courtesy of Mish.

Retail trade was the weakest part of today’s job report.

Retail trade lost 30,000 jobs but 35,000 of them came from general merchandise stores.

Reported jobs in general merchandise stores declined by 89,000 since October.

Nonfarm Employment Month-Over-Month Changes

General Merchandise Store Employment

General Merchandise Store Employment Year-Over-Year


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