A Once Decent Job Is Being Sold Out

March 14, 2012 | Newsmakers

For decades the retail industry provided a stable career path —with paid benefits and steady wage increases — but that’s no longer the case, according to recent study by CUNY’s Murphy Institute. “Retail is such a large sector and an important part of our economy,” says Stephanie Luce, lead author of “Discounted Jobs: How Retailers Sell Workers Short.” But “if we continue to pursue a policy of low-wage workers — with no benefits — for such a large portion of the country, our economy won’t be able to sustain itself.” Luce discussed the study, which found, among other things, that the majority of retail workers in New York earn a median of $9.50 an hour, work temporary or part-time hours and don’t receive health insurance through their jobs.