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Retail Trade in the Metro Area

12/14/2022 9:00:00 AM

Tim O'Neill

With the month of December and the holiday season upon us, let's take a closer look into the Metro Area's Retail Trade employment.

Table 1. Retail Trade Industry Statistics in the Metro Area, Qtr. 2 2022
Industry Number of Establishments Number of Jobs Share of Total Jobs Avg. Annual Wage
Total, All Industries 91,366 1,727,561 100.0% $73,424
Retail Trade 8,197 154,221 8.9% $39,312
General Merchandise Retailers 498 34,312 22.2% $32,708
Food & Beverage Stores 1,160 29,904 19.4% $29,484
Motor Vehicle & Parts Dealers 794 17,426 11.3% $68,016
Sporting Goods, Hobby, Musical Instrument, Book & Misc. Retailers 1,569 16,205 10.5% $35,828
Building Material & Garden Equipment & Supplies Dealers 481 15,076 9.8% $40,092
Clothing, Clothing Accessories, Shoe, & Jewelry Retailers 1,084 11,524 7.5% $31,408
Health & Personal Care Retailers 1,052 11,276 7.3% $49,972
Furniture, Home Furnishings, Electronics, & Appliance Retailers 790 9,763 6.3% $51,168
Gasoline Stations & Fuel Dealers 769 8,733 5.7% $30,576
Source: DEED Quarterly Census of Employment and Wages (QCEW)

With nearly 8,200 establishments supplying over 154,200 jobs, Retail Trade is the Metro Area's third largest-employing industry sector. Almost one in every ten jobs in the region are in this industry. When it comes to holiday shopping, many of us will undoubtedly think of Department Stores, as well as Warehouse Clubs and Supercenters, which include stores like Walmart, Target, Sam's Club, Costco, and more.

Employment within these sectors, under General Merchandise Retailers, accounts for over 34,300 jobs, or over one-fifth of Retail Trade's total employment. As such it makes sense that these sectors come to mind first.

Retail Trade Job Trends in the Metro Area

However, nearly all sectors of Retail Trade will be buzzing this holiday season and beyond. Many of us will turn to Food & Beverage Stores; Sporting Goods, Hobby, Musical Instrument & Book Retailers; Clothing & Clothing Accessories Retailers; and Furniture and Electronics and Appliance Retailers for gifts, personal wants, and household necessities. Sectors such as Motor Vehicle & Parts Dealers and Gasoline Stations will also be there in the mix for any traveling we may do this winter and beyond (Table 1).

Like most industries, Retail Trade was greatly impacted by COVID-19. Between the second quarters of 2019 and 2020, this industry's total employment declined by 17.0%. This was equivalent to losing approximately 27,800 jobs across the Metro. For reference, the Metro Area's total employment across all industries declined by 13.1% during that period. However, Retail Trade rebounded by 13.1% between the second quarters of 2020 and 2021, a recovery of nearly 17,900 jobs, and has so far held flat through 2022 (Figure 1).

Here's a quick look at those occupations that are in high demand within Retail Trade, along with the median hourly wage for those jobs in the Metro Area:

  • Retail Salespersons ($14.76)
  • Cashiers ($14.60)
  • Stockers and Order Fillers ($17.69)
  • First-Line Supervisors of Retail Sales workers ($23.82)
  • Customer Service Representatives ($23.15)
  • Automotive Service Technicians and Mechanics ($25.04)
  • Pharmacy Technicians ($23.06)
  • Combined Food Preparation and Serving Workers ($14.90)
  • General and Operations Managers ($49.18)
  • Laborers and Freight, Stock, and Material Movers, Hand ($19.05)
  • Office Clerks, General ($20.47)
  • Light Truck or Delivery Services Drivers ($24.29)

For More Information

Contact Tim O'Neill, Labor Market Analyst.

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