Challenges in Holiday Hiring as Job Seekers Face Tough Market
This holiday season, job seekers are encountering significant difficulties as holiday hiring slows down, leading to frustrations for many. There is a noticeable increase in the number of people searching for holiday jobs, which is up 27% compared to last year, but seasonal job postings have only risen by 2.7%, according to a report from Indeed. Retailers such as Target are adopting more cautious hiring strategies, reflecting broader uncertainties in the labor market. Despite the increase in job searches, many employers are signaling a retreat from robust seasonal hiring, with some reports indicating that holiday hiring is at its weakest since the Great Recession. While holiday job postings are showing a 12% increase from previous years, finding employment remains a significant challenge for many, raising concerns about the upcoming retail season and the overall job climate.
The New York Times, Bureau of Labor Statistics (.gov), Investopedia, Yahoo Finance, facebook.com, marketplace.org, Yahoo! Finance Canada, AOL.com, cepr.net, Fox 59