(Multibagger) - As the holiday season approaches, major U.S. companies such as Target, Macy's, and UPS are gearing up to hire thousands of seasonal workers to meet the demand.
According to a forecast from Challenger, Gray & Christmas, retailers are expected to add fewer seasonal jobs this year compared to last year, citing a softer labor market and tighter consumer spending.
Here is a list of companies and their hiring plans for the holiday season:
- Target: 100,000
- Macy's: 31,500 full-time, 38,000 part-time
- Bath & Body Works: 32,700
- United Parcel Services (UPS): 125,000
- 1-800-Flowers.com: 8,000
- Amazon.com: 250,000
Analysis
With the holiday season fast approaching, it is important to note the hiring trends of major companies like Target, Macy's, and UPS. The increase in seasonal hiring indicates a positive outlook for the retail sector and overall economy. This surge in job opportunities can benefit individuals looking for temporary work during the holidays and boost consumer spending as more people have disposable income. Additionally, investors may find opportunities in these companies as their hiring plans reflect anticipated growth and demand for their products and services.