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Economics professor finds counties with Wal-Marts see some gains, some losses in retail jobs.Recently voters in Inglewood, Calif., rejected a measure allowing Wal-Mart to build a Supercenter in their community. Opponents of the corporate giant believe the stores are detrimental to employment, forcing competitors to close and putting people out of work. However, a study by Emek Basker, professor of Economics, shows that while an average of 20 wholesale jobs are lost in Wal-Mart-occupied counties, 50 new retail jobs are created.
Basker examined employment data from 1,749 counties and 2,383 Wal-Marts across the country between 1977 and 1998. Wal-Mart had a store in 75 percent of the counties in the study. Basker examined each store over a 10-year period, beginning five years before and ending five years after a Wal-Mart entered the county. According to Basker, each Wal-Mart store employs 150 to 350 workers. The results, which showed an initial increase of 100 new jobs, were still less than the full amount of Wal-Mart’s 150 to 350 employment capacity. Basker said part of the discrepancy can be explained by the buyouts of existing chain stores by Wal-Mart Corporation, and prompt exit and cutbacks by other retailers. Another possibility, although Basker believes it is unlikely, is that Wal-Mart replaces existing part-time jobs with full-time jobs.
Basker’s study is scheduled for publication in the Review of Economics and Statistics. Additional links: |
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