Around 50 per cent of retailers will shed jobs in the first quarter of 2013, according to research by the British Retail Consortium.
Speaking to ITV Daybreak, Employment Minister Mark Hoban said that the overall employment figures are good, and that jobs are being created.
He added that the high street is changing and job descriptions will change too.
More top news
A body has been found in Ireland in the search for one of the so-called Disappeared, 23-year-old Brendan Megraw killed in 1978.
The position, posted on the British Monarchy website, pays £16,000 a year for 20 hours a week.
The parents of missing 15-year-old Bristol schoolgirl who is believed to be heading to Syria have urged her to come home.