Job losses in 2019

Money just posted the article The Retail Apocalypse Is Heating Up in 2019. Here Are the Major Stores Currently on Deathwatch. The list is getting long and some of the stores are already gone, but I thought I would do a little research into how many jobs will be gone after all is said and done:

• Sears
• 1,575 stores closed. 425 remain for the time being.
• Chicago Tribune 03/23/2018: Sears slashed more than 50,000 jobs last year.
• Payless Shoes
• 16,000 Workers to Lose Their Jobs as Payless Plans to Close All 2,500 U.S., Canadian Stores 
• JC Penny
• Money 02/28/2019 J.C. Penney Just Announced It Will Close 24 More Stores This Year (2,200 jobs)
• Victoria's Secret
• Business Insider 04/07/2016: Victoria's Secret is laying off hundreds of workers 
• USA Tuday 02/28/2019: Victoria's Secret says it is shuttering 53 more stores (plus the 30 stores closed in 2018)
• Gymboree
• CNN 01/17/2019: Gymboree's second bankruptcy will kill the brand. 
• Gap
• CNBC 02/28/2019: Gap says it will shut 230 stores over the next two years, posts mixed holiday results 
• Fashionista 06/15/2015: GAP to close 175 Stores, Lay Off 250 Corporate Employees. 
• NPR 02/28/2019: Gap To Split Into Two Companies, With Old Navy As Separate Firm. 
• Ann Taylor
• Dayton Daily News 06/13/2017: Parent company of Ann Taylor, Lane Bryant to close 667 locations. 
• Dollar Tree
• The State Journal-Register 03/06/2019: Dollar Tree Inc. to close up to 390 Family Dollar stores 
• Newspaper Journalists
• Illinois Times 03/07/2019 Don't let the door hit you - SJ-R employees offered buyouts 
• Illinois Times 03/11/2019 SJ-R cuts sports editor 
• NPR 03/??/2019: WATCH - LISTEN : As Goes Journalism, So Goes the Community 
• Rural Hospitals Closing
• Hospital Closings Likely to Increase 

Markets Insider just posted at 3:00 PM (03/04/2019): The retail apocalypse will claim 4,300 stores this year. Here's why mall giants aren't freaking out. 

The trouble I'm having is discovering precisely how many total jobs are at stake. Fit Small Business explains "Top 10 Retail Analytics Every Store Needs to Measure." Number 10 is the Payroll Percentage, It says that "Businesses with low margins have to spend less on payroll," but following this advice may have had dire consequences according to Forbes which posted an article on 12/16/2017 complaining that "Too Few Retail Workers On The Floor, Too Few Retail Sales And Profits On P&L Statement"

Businesses couldn't lower wages, so what other choice did they have? Cutting hours for part-time workers, cutting store hours to peak traffic times only, or layoffs.

Unfortunately nobody seems to be able to think outside the balance sheet to the larger economy and consider that all these retail employees losing their jobs might have been good customers if they were paid enough to have disposable income.

XIIID Research explains the shift of service infrastructure from a middle class into a form of poverty class. But the worst is yet to come, according to Michael Hudson we are currently in an "Extraction Economy" which is permanently siphoning money from the Working Class into the pockets of the Financial Class.