Target, Amazon lead holiday hiring spree: Here’s the full list

foxbusiness.com:

Quincy Krosby, Financial Chief Global strategist, discusses consumer spending, the labor market and inflation data.

A growing number of retailers announced hiring sprees as they prepare for a holiday season set against a slowing economy.  

The fourth quarter is one of the most critical times for retailers, as it provides an exceptional opportunity to drive sales. However, industry experts recently warned that growth in consumer spending is slowing due to persisting inflation and withering savings. 

«While job and wage gains have counterbalanced inflation, the stockpile of savings accumulated during the pandemic is dwindling and is no longer providing as much spending power as previously available,» National Retail Federation chief economist Jack Kleinhenz said in a statement last month. 

BOOK YOUR THANKSGIVING, CHRISTMAS FLIGHTS BY THIS DATE TO SAVE MONEY: ECONOMIST

Still, companies are releasing the dates of their annual holiday sales and announcing hiring plans to handle the rush of customers both online and in-store. 

Macy's, Target and Amazon were the first to announce their hiring plans last week. 

Here is the list of companies and number of seasonal roles they are looking to fill:

Amazon plans to hire 250,000 workers for full-time and part-time positions as well as for seasonal fulfillment center and transportation roles nationwide, according to a blog post. 

Workers load packages into Amazon Rivian electric trucks at an Amazon facility in Poway, Calif., on Nov. 16, 2022. (Reuters/Sandy Huffaker / Reuters Photos)

MACY'S AIMING TO ADD NEARLY 40,000 WORKERS IN SEASONAL ROLES

The company also said it would boost pay for customer fulfillment and transportation employees as it tries to expand its same-day delivery