Target, in a tight labor market, lowers holiday hiring goal
ABC News
Target will hire fewer seasonal workers this year as it navigates a tight labor market and will instead offer more hours to current employees
NEW YORK -- Target will hire fewer seasonal workers this year as it navigates a tight labor market and will instead offer more hours to current employees.
About 100,000 seasonal workers will be hired nationwide, the company said Thursday, about 30,000 less than last year. Many of those workers will be offered jobs beyond the holiday season.
Employers have struggled all year to find enough workers. They've increased hourly pay, announced signing bonuses and cast aside previous minimum standards like a high school diploma. Companies are also making applications more convenient. UPS this month said it will hire more than 100,000 people for the holiday rush and many of them will get a job offer within 30 minutes of applying.
In its own bid to attract more workers last month, Target said that it would spend $200 million over the next four years to offer its workers free undergraduate and associate degree programs as well as certificates in business-oriented majors at select institutions.
