Good back-to-school sales and rising consumer confidence are leading many retailers to add more seasonal jobs than they did last year – and many could become permanent.
Despite all the negative political ads, retailers are getting increasingly optimistic for the holiday season.
Many of them are planning to hire more seasonal workers than they did last year. And not only are they planning to hire earlier, but some of the jobs may become permanent positions.
“The fact retailers are increasing their hiring compared to last year is a great sign of what is to come both in sales and the mind-set of retailers,” says Liz Moughan, director of the retail and hospitality practice group at Kronos Inc., a workforce-management software provider in Chelmsford, Mass. “The fact that so many are hiring more than last year shows that they are finally putting their money where their mouth is and investing in their labor.”
According to a survey by the Hay Group, a Philadelphia-based consulting company, 36 percent of the merchants they surveyed said they will be hiring more, up from only 10 percent who said they planned to increase hiring last year. The Chicago-based outplacement firm Challenger Gray & Christmas is estimating retailers could hire about 700,000 workers this year, up from 660,00 last year.
Retailers are more positive about the holiday season because of solid back-to-school sales in August and some signs that consumer confidence is beginning to improve. On Tuesday, the Conference Board, a New York-based business research organization, said its index of consumer confidence jumped nine points for September, led by a surge of optimism about the future.