Visit Our Sponsors
Every year, there is massive seasonal hiring: at logistics companies, big box retailers, e-tailers. UPS is hiring 95,000, or 2,000 more than last year. Target will bring in 70,000, and Kohl’s will add 69,000.
Skeptics will note that these are temporary jobs, not full-time ones, and that several weeks of work in a warehouse or a mall is no substitute for the full-time, secure payroll jobs with benefits that most people crave. But for those without jobs, or for those who want to earn extra money, several weeks of work may be better than nothing. And on aggregate, the hiring adds up to billions of dollars in wages - and hence taxes, rent and mortgage payments and consumption.
What’s more, a chunk of these temporary jobs have a habit of turning into permanent ones, especially at companies that are enjoying solid growth. Amazon noted that last year, more than 14,000 of the 100,000 seasonal workers it hired became full-time employees, and more should do so this year.
Enjoy curated articles directly to your inbox.