SummaryCompaniesRetailers are expected to add 410,000 seasonal jobs this holiday season, which is the lowest number since 2008. This decrease is due to higher labor costs and uncertain consumer confidence. The labor market has shown signs of easing recently, with a decline in hiring and slower holiday sales growth. U.S.-based companies have announced only 8,000 planned hires for the holiday season so far, compared to 258,201 planned hires at this point in 2022. The current hiring announcements are far below previous years, indicating lower seasonal hiring trends. However, some companies like Kroger and Bath & Body Works have plans to hire thousands of seasonal workers. 1-800-Flowers.com also plans to hire more than 8,000 seasonal workers across its brands. Bath & Body Works is offering flexible work hours, a referral bonus, and a store-wide discount to its seasonal employees. For more information, visit www.reuters.com.
Source from www.reuters.com