Cooling job market doesn't take the heat off the holiday hiring spree

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Despite headlines of mass layoffs in corporate America and fears of recession, it's still a worker's market for those looking to get temporary holiday jobs.

has continued to be strong. That leaves companies expecting another busy shopping season as they continue to grapple with a competitive job market.

“The labor market is a real conundrum for employers and is one of the reasons consumers have behaved in such a resilient way because wages are increasing and there’s pressure on the market, and that keeps people spending,” Matt Shay, president of the retail federation, said in a call with reporters earlier this month.

For UPS, which is hiring 100,000 seasonal workers again this holiday season, it remains a war for candidates. The company is on track to meet its hiring goal, but some regions remain particularly difficult to find workers, such as Minneapolis, parts of New England like Cape Cod, Denver and the surrounding mountain communities.

 

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