hundreds of thousands being hired for the holiday season!

Discussion in 'Economics' started by S2007S, Oct 1, 2012.

  1. S2007S


    Everyday there is an article out on how many people these big box stores are going to hire for the holiday season...

    Macys 80,000
    Toysrus 45,000
    Walmart 50,000
    Kohls 52,000

    What Im trying to say is that when job numbers start to roll in around early November and December im sure it will be showing that over 250,000+ jobs were added to the economy when in reality its all part time, low wage paying jobs for the holiday season!

    Macy's to hire 80,000 temporary holiday staffers
    Macy's to hire 80,000 temporary holiday staffers, a 2.5 percent increase from a year ago
    Associated PressAssociated Press – 36 minutes ago

    NEW YORK (AP) -- Macy's Inc. plans to hire about 80,000 seasonal workers this holiday season, a 2.5 percent increase from last year when the Cincinnati-based operator of Macy's and upscale Bloomingdale's hired 78,000 workers.

    Macy's said Monday that the seasonal workers will be used to staff up not only its Macy's and Bloomingdale's stores, but also its call centers, distribution centers and online fulfillment centers. Many of the positions will be part-time.

    Macy's employs about 175,000 staffers on a year-round basis.

    Analysts study the holiday hiring figures from retailers for clues about overall employment trends and sales expectations for the holiday season. Stores typically begin to hire for the holidays in mid-September and ramp up hiring in mid-October.

    Toys R Us Inc. said last week that it plans to hire 45,000 seasonal workers to staff up its pop up stores and help fulfill its expanded customer service, like shipping online purchases to stores. That's nearly a 13 percent jump from the 40,000 seasonal workers the Wayne, N.J.-based company hired in 2011.

    Wal-Mart Stores Inc., in Bentonville, Ark., said last month it expects to hire more than 50,000 people this holiday season, up slightly from last year, and will be offering more hours to its existing employees.

    In addition, department store operator Kohl's Corp. said last month it will be hiring more than 52,700 people, up more than 10 percent from last year. Kohl's Corp., based in Menomonee Falls, Wis., also expects to hire 5,700 people for jobs at its distribution centers and 30 people for seasonal positions in its credit operations business.

    Applications for seasonal positions at Macy's and Bloomingdale's are available at and Hiring for store sales positions will begin in mid-October. The company has already started hiring for distribution centers, call centers and store receiving.

    In morning trading Monday, Macy's shares gained $1.03, or 2.7 percent, to $38.64.
  2. More reasons for market to go up?:D
  3. Holiday shopping is a waste of time. Same old thing every year. I would prefer that no one buys me anything so that I do not have to buy anyone else anything.
  4. The employment number will move only if the number of people hired is greater than the seasonal adjustment. Kind of basic.