These Are The Top Companies For Holiday Hiring
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In 2011, U.S. firms hired an estimated 500,000 temporary jobs. The vast majority of these were hired in retail stores. And while it is too early to forecast the number of jobs that will be available this year, the numbers are starting to come in.
Package delivery services Fedex Corp. (NYSE: FDX) and United Parcel Service (NYSE: UPS) added about 20,000 and 55,000 jobs respectively, to deal with the 2011 holiday rush.
Kohl's Corp. (NYSE: KSS) announced earlier this month that it plans to hire about 50,000 seasonal workers this year, an increase over the number it hired last year.
Seasonal hiring totals from other major retaliers last year were as follows:
Target Corp. (NYSE: TGT)- 92,000 temporary jobs.
J.C. Penney Co. Inc. (NYSE: JCP)- 35,000 temporary jobs.
Best Buy Co. Inc. (NYSE: BBY)- 15,000 temporary jobs.
And Toys "R" Us right in time for their big holiday circular- 40,000 temporary jobs.
Based on recent forecasts it looks like seasonal sales for this year are expected to rise to 3% up from the 2.8% increase of last year. Retailers are expected to respond to these forecasted numbers by increasing hiring.
Jennifer Streaks is a Financial Expert, Author & Pundit. Follow her on twitter@jstreaks or get more of her MoneyTips on her website www.JenniferStreaks.com.
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