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Retail Employment in the U.S. and Connecticut A presentation to the Connecticut Low Wage Employer Advisory Board.

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Presentation on theme: "Retail Employment in the U.S. and Connecticut A presentation to the Connecticut Low Wage Employer Advisory Board."— Presentation transcript:

1 Retail Employment in the U.S. and Connecticut A presentation to the Connecticut Low Wage Employer Advisory Board

2 Connecticut occupations with the largest employment, 2014 1.Retail Salespersons – 54,210 workers 2.Cashiers – 38,800 workers 3.Registered Nurses – 33,780 workers 4.Secretaries and Administrative Assistants – 31,990 workers 5.General and Operations Managers – 31,660 workers 6.Office Clerks, General – 30,350 workers 7.Food Preparation and Serving Workers – 29,290 workers 8.Janitors and Cleaners – 29,190 workers 9.Customer Service Representatives – 28,350 workers 10.Waiters and Waitresses – 26,330 workers Source: Bureau of Labor Statistics, May 2014 State Occupational Employment and Wage Estimates

3 Occupational Employment and Wage Estimates, Connecticut Median hourly wageMean annual wage All occupations$20.67$55,060 Retail Salesperson$10.91$27,230 Cashier$9.75$22,400 Source: Bureau of Labor Statistics, May 2014 State Occupational Employment and Wage Estimates

4 Access to Benefits: National Data on Sales and Related Occupations Employer-Provided Health Benefits 59% access49% participation69% take-up rates Employer-Provided Retirement Benefits 68% access38% participation57% take-up rates Access to Paid Leave 52% paid sick time 67% paid holidays 8% paid family leave Source: Bureau of Labor Statistics, 2013 and 2015 Current Population Survey March Supplement

5 Demographics of the National Retail Workforce Retail Worker Demographics Ages 20 and over95.5% Has own children in household (includes biological, step-, and adopted)36.1% Sole earner in the household18.2% Contributes at least 50% of household income53.9% Part time work27.5% Involuntary part time work (as percentage of all workers)12.7% Involuntary part time work (as percentage of part time workers)32.5% Low Wage (below $12.25 threshold)46.6% In or near poverty (up to 150% of poverty threshold)15.5% Includes those workers over age 16, employed in retail at least 26 weeks, 4 hours a week in the last year. Source: Bureau of Labor Statistics, 2012 Current Population Survey March Supplement

6 Composition of the National Retail Workforce by Race and Ethnicity

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12 Share of Retail Workers Employed Part-Time by Race and Ethnicity All White, non- Hispanic Black, non- Hispanic Latino (any race) Asian, non- Hispanic Part time workers32% 35%31%30% Percentage of part-time workers who are involuntary33%29%45%42%29% Source: Demos analysis of 2012-2014 CPS Annual Social and Economic Supplement

13 Retail Worker Poverty Rates Before and After a Raise to $15 an Hour

14 Retail Worker Poverty Rates Before and After Reducing Involuntary Part- Time Work

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