Our Terms of Service and Privacy Policy have changed.

By continuing to use this site, you are agreeing to the new Privacy Policy and Terms of Service.

UPS to hire 50,000 holiday workers

By Ben Rooney, staff reporter


NEW YORK (CNNMoney.com) -- United Parcel Service expects to hire 50,000 seasonal employees to work this holiday season, the company disclosed Wednesday.

The total is unchanged from last year, a company spokesman said, amending an earlier statement that the hiring would set a record.

The company is ramping up hiring for short-term positions in anticipation of a spike in business during its "peak season," which covers the holiday period between Thanksgiving and Christmas.

UPS (UPS, Fortune 500) plans to hire workers to fill positions such as package sorters, driver helpers and others, according to a spokeswoman.

The hiring process will begin this month and will continue until all open positions are filled, UPS said. A "significant number" of the the seasonal employees will be offered permanent positions that last beyond January, when most of the seasonal jobs will end.

The announcement came after Kohl's (KSS, Fortune 500) said it plans to hire 40,000 temporary workers this holiday season, up 20% from last year.

Last week, Toys 'R' Us and Best Buy (BBY, Fortune 500) both unveiled plans to bring on a significant number of seasonal workers.

Toys 'R' Us said it would hire 45,000 seasonal employees for the holiday season, doubling its workforce. Best Buy said it will hire roughly 29,000 employees, matching last year's total.

Despite these developments, the overall trend in holiday hiring is expected to be little changed versus last year, according to a recent study from outplacement consultancy Challenger, Gray & Christmas, Inc.

John Challenger, the group's chief executive, said he expects to see an increase in seasonal hiring this year, but the levels will remain below those achieved in previous years. "There is still a lot of doubt about the sustainability of this economy," he said in a statement.

Meanwhile, two reports issued Wednesday paint a grim picture of the job market.

Private sector employers cut 39,000 jobs in September -- a turn toward the negative after the private sector added jobs for seven straight months before, according to a report by payroll processing firm Automatic Data Processing.

Separately, Challenger, Gray & Christmass said employers announced plans to cut 37,151 jobs in September, a 7% increase from the 34,768 job cuts reported in August. To top of page

Index Last Change % Change
Dow 16,643.01 -11.76 -0.07%
Nasdaq 4,828.33 15.62 0.32%
S&P 500 1,988.87 1.21 0.06%
Treasuries 2.19 0.02 0.83%
Data as of 6:53am ET
Company Price Change % Change
Freeport-McMoRan Inc... 10.50 0.31 3.04%
Bank of America Corp... 16.36 -0.08 -0.49%
Apple Inc 113.29 0.37 0.33%
Intel Corp 28.42 0.70 2.53%
Alcoa Inc 9.41 0.55 6.21%
Data as of Aug 28
Sponsors

Sections

Efforts to unionize low-wage employees of fast-food franchisees and outside contractors get lift from decision of NLRB. More

The U.S. economy has performed well this year. But there's lots of global gloom. Which will influence the Fed the most? More

The market volatility in China and the U.S. could hit private companies, especially late-stage unicorns. More

How do you run a successful crowdfunding campaign? Indiegogo's CEO Slava Rubin offers his top tips and mistakes to avoid. More

Looking for something good on Netflix? These entertaining films will help you learn more about finance and investing. More