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Shoplifting is Up . . . Which is a Good Sign For the Economy?

Shoplifting

Shoplifting

This is one of the stranger signs of economic recovery we’ve heard about.  Apparently, the latest indication that things might be getting better is . . . people are SHOPLIFTING again?

 The National Retail Federation just announced that in 2010, there was $37.1 BILLION in retail theft.  That’s up from $33.5 BILLION in 2009.

The majority of shoplifting is done by EMPLOYEES, not customers. When the economy’s bad, employees are less likely to shoplift . . . because they’re too worried about getting caught and losing their jobs.

Now that they feel like there are more jobs out there if they get caught and fired, they’re more willing to steal stuff. So . . . yay?

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