How Major Retailers Are Staffing Up For The 2021 Holiday Season
Sep 30, 2021
The labor market may be tight, but that isn’t stopping retailers from announcing plans to hire thousands of workers ahead of the holiday shopping season. Even so, the great labor shortage has barely budged. The number of retail job openings reached 1.2 million in July compared to 876,000 last year, according to the Bureau of Labor Statistics. In July, the retail industry had 906,000 hires, a drop of more than 250,000 from the month prior. Retailers still need to meet demand, with holiday sales expected to rise up to 9% this year, according to Deloitte. Retailers — such as Walmart, Kohl’s, and Amazon — are betting on higher wages, bonuses, and even tuition assistance in a bid to woo potential candidates. Read more at Retail Dive.
