US Holiday 2018: Retailers’ Holiday Hiring Looks Set to Accelerate

Executive Summary

This report outlines key developments related to the holiday season hiring in 2018.

• We have seen a strong start to holiday hiring by retailers.
• The early signs show that retailers will grow their seasonal hiring this year at a faster rate than last year.
• Positive macro-economic tailwinds have already led to significant creation of retail jobs in the US this year with the 835,000 job openings in July outpacing last years’ recorded openings by circa 95,000.
• In order to ensure that they are adequately staffed in this year’s holiday season, retailers are offering more lucrative employment terms to seasonal workers. Many leading retailers have announced and started hiring earlier than usual.
• The growth in online shopping has led to increased hiring activity in allied sectors such as transportation, warehousing and logistics being on the upswing, in keeping with trends in recent years.

Click here to read Coresight’s coverage on US holiday retail and gain key retail insights for 2019 and prior years.