U.S. retailers are ramping up hiring for the holiday season but expect to take on fewer seasonal employees to help customers in stores and assemble online orders in warehouses
FILE - Walmart workers organize merchandise at a Superstore in Secaucus, New Jersey, July 11, 2024. said Thursday it will hire 250,000 full, part-time and seasonal workers for the crucial shopping period, rounding out a series of announcements made in recent weeks by the country’s top retailers., which said in September it planned to bring in roughly 100,000 seasonal employees and offer current employees the option to work extra hours during the holiday shopping period.
The holiday shopping period is the busiest time of year for online and brick-and-mortar retailers, some of which have already announced discount events to entice consumers planning to shop early for gifts. “At the moment, retailers appear optimistic for a strong holiday shopping season, which is being reflected in the hiring plans of major retailers and warehouses,” said Andy Challenger, senior vice president at the outplacement firm Challenger, Gray & Christmas.
Generally, the labor market has gradually lost momentum since the Federal Reserve hiked its benchmark interest rate numerous times in 2022 and 2023 to combat high inflation. Last month, the Fedfor the first time in more than four years. The move reflected its new focus on bolstering the job market.
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Amazon, Target and other retailers are ramping up hiring for the holiday shopping seasonU.S. retailers are ramping up hiring for the holiday season but expect to take on fewer seasonal employees to help customers in stores and assemble online orders in warehouses. E-commerce giant Amazon said Thursday that it plans to hire 250,000 full, part-time and seasonal workers for the shopping period.
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