Retail Workers Currently Earning 51.6 Percent Less Than Needed to Afford Rent: Report

Retailers have announced 88,664 job cuts through October this year, a 145 percent jump compared to the same period last year.

A rent sign seen in Maryland on Nov. 12, 2023. Madalina Vasiliu/The Epoch Times

An American retail worker earns 51.6 percent less than the amount required to afford a typical rental apartment, real estate brokerage Redfin said in a statement released on Nov. 26.

“The typical retail worker in America earns $34,436 per year,” the company said.