U.S. retail holiday job postings slump, Indeed says |
| The U.S. retail sector has seen a 16% year-on-year decline in job postings for October, according to a new report from the Indeed Hiring Lab, with major retailers like Walmart and Target yet to announce 2025 seasonal hiring plans, in contrast to previous years. Amazon and Catalyst Brands have confirmed seasonal hires of 250,000 and 13,000 respectively, but overall hiring levels are expected to fall below 2024’s 442,000, with the National Retail Federation forecasting between 265,000 and 365,000. Weak consumer sentiment, tariff pressures and reduced job turnover are cited as contributing factors. NRF chief economist Mark Mathews said: "What we've seen is a lot fewer retailers go public and state that they're going to hire 'X' amount of people." He observed that those companies may decide to add staffing later in the season after taking "a bit of a 'wait and see' approach." |
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