Getting your player ready...
While solid back-to-school sales boosted the confidence of retailers heading into the all-important holiday season, the possibility of increased sales this year may not be enough to spur a significant increase in seasonal hiring.
According to the annual holiday hiring forecast by Challenger, Gray & Christmas, seasonal job gains are likely to be slightly higher than a year ago but below pre-recession levels. Those hoping to take advantage of the seasonal hiring should act early, as several sizable hiring plans announced by major retailers in September suggest that recruiting has started. The economy has continued its slow recovery and surveys of retailers show that they are hopeful for solid sales gains this year. However, recent consumer confidence readings have been relatively week and unemployment remains stubbornly high. The mixed picture is likely to compel retail employers to proceed cautiously when it comes to hiring extra workers for the holiday season. Look for many to start at last year’s levels and hire additional workers only if strong sales early in the season warrant it. Last year, retailers added just over 660,000. This year, that figure could approach 700,000. There is still too much uncertainty to expect seasonal employment gains to reach the level we saw in 2006, when retailers added nearly 747,000 extra workers at the end of the year. At least one major retailer that announced early hiring plans intends to add fewer holiday workers. Last week, Target reported plans to add 80,000 to 90,000 seasonal workers, down from the 92,000 it hired a year ago. Even if hiring at Target comes in closer to 80,000, it is still a lot of extra workers. Job seekers looking for seasonal positions should not rule out Target or any other potential employer. Last year, Target retained 30 percent of the seasonal workers it hired, which makes it an even more desirable prospect. General merchandise stores, such as Target, are typically the biggest generator of seasonal jobs. Last year, this category alone added 308,600 workers during the holiday period from October through December. That includes the 229,000 extra workers added by department stores. Clothing and clothing accessory stores are the next most fruitful target for seasonal job seekers.


