Retail Jobs Go As Woes Continue ; Fewer People Employed On Our High Streets

Daily PostMarch 02, 2005

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Summary


RETAILERS axed jobs at the fastest rate in 15 years during the 12 months to February as the high street's woes continued, new research shows.

A survey by the CBI showed 33% of retailers were employing fewer people than a year ago, compared with 15% whose employment levels were up.

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Retail Jobs Go As Woes Continue ; Fewer People Employed On Our High Streets

The balance of minus 18% was the lowest rate since November, 1992.

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