Retailers Take More Conservative Approach to Holiday Hiring This Year

Macy's and Dick's Sporting Goods plan to hire fewer seasonal workers this year, after scrambling to fill positions in recent years.

Many retailers have dropped incentives like signing bonuses that they used in past years to attract workers.

Job searches for seasonal positions are up 19% but posted openings are down 6%, indicating a cooling labor market.

Retailers have stabilized their workforces after pandemic fluctuations, taking a more cautious approach to hiring and sales projections.

Amazon is an exception, planning to hire 250,000 seasonal workers, up from 150,000 last year.