Tariffs and Economic Uncertainty Impact Retailers' Holiday Hiring
Retailers are reducing or delaying seasonal hiring due to economic uncertainty, rising tariffs, and the ongoing government shutdown, which is affecting the outlook for holiday shopping.
According to job placement firm Challenger, Gray and Christmas, U.S. retailers are expected to add fewer than 500,000 seasonal jobs this year, the lowest since 2009 and down from 543,000 last year.
- Companies are waiting longer to hire and trimming payrolls in anticipation of slower spending and higher costs.
- American Christmas LLC, a company that creates large holiday installations, plans to hire 220 temporary workers this year, down from 300 in 2024.
Retailers are cutting back or putting off seasonal hiring plans as economic uncertainty, rising tariffs and the ongoing government shutdown cloud the outlook for holiday shopping.
Author's summary: Retailers delay holiday hires due to economic uncertainty.
More News
- Vintage Monterey Bay Aquarium shirt worn by Taylor Swift inspires $1M fundraiser for sea otters
- Healthcare workers rally outside Prince Albert MLA’s office demanding fair wages - Prince Albert Daily Herald
- Just how important are set-pieces in FPL?
- AMAA dedicates renovated Camp Hankavan complex in Armenia
- West Ham v Brentford predicted line-ups + FPL team news
- Tassie get Shield redemption with thrilling win over WA
- Fulham v Arsenal predicted line-ups + FPL team news