US businesses are hiring fewer seasonal workers this holiday shopping season, as stubborn inflation dims the outlook for retail sales.
Employers posted 8.2 per cent fewer holiday openings this year than last year, according to jobs site Indeed. The decline came even as Indeed reported that searches for seasonal jobs rose 33 per cent this year over 2021 to their highest level since 2019.
Macy’s and Walmart have said they plan to hire thousands fewer holiday workers than they did last year. Walmart, which is adding 40,000 people this season compared to 150,000 for the same period of last year, said because it recruited aggressively earlier this year, “staffing is stronger heading into this holiday season than it was last year”.
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