Posted 11/24/2023, 11:00:00 AM
Retailers Scale Back Seasonal Hiring Due to Economic Uncertainty, Amazon a Notable Exception
- Retailers hiring fewer seasonal workers this year amid economic uncertainty (60% drop since 2021)
- Major retailers like Macy's, UPS, and Walmart hiring similar or fewer workers
- Amazon bucking the trend by hiring 250,000 seasonal workers, up 150% from last year
- Retailers worried about consumer spending due to inflation, rising interest rates, etc.
- Holiday sales still expected to grow 3-4% this year per National Retail Federation