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. 
| Index | Last | Change | % Change |
|---|---|---|---|
| Dow | 32,627.97 | -234.33 | -0.71% |
| Nasdaq | 13,215.24 | 99.07 | 0.76% |
| S&P 500 | 3,913.10 | -2.36 | -0.06% |
| Treasuries | 1.73 | 0.00 | 0.12% |
| Company | Price | Change | % Change |
|---|---|---|---|
| Ford Motor Co | 8.29 | 0.05 | 0.61% |
| Advanced Micro Devic... | 54.59 | 0.70 | 1.30% |
| Cisco Systems Inc | 47.49 | -2.44 | -4.89% |
| General Electric Co | 13.00 | -0.16 | -1.22% |
| Kraft Heinz Co | 27.84 | -2.20 | -7.32% |
|
Bankrupt toy retailer tells bankruptcy court it is looking at possibly reviving the Toys 'R' Us and Babies 'R' Us brands. More |
Land O'Lakes CEO Beth Ford charts her career path, from her first job to becoming the first openly gay CEO at a Fortune 500 company in an interview with CNN's Boss Files. More |
Honda and General Motors are creating a new generation of fully autonomous vehicles. More |
In 1998, Ntsiki Biyela won a scholarship to study wine making. Now she's about to launch her own brand. More |
Whether you hedge inflation or look for a return that outpaces inflation, here's how to prepare. More |
