Brief - The Hustle

Big businesses are becoming really concerned about… holiday hiring?

Written by Conor Grant | Jun 30, 2020 10:46:09 AM

Romy Arroyo Fernandez/NurPhoto via Getty Images

It may feel like summer is barely over, but America’s most colossal companies are already stressing out about the holidays.

In the past few weeks, a number of massive companies — ranging from UPS to Wendy’s — have announced plans to hire tens of thousands of employees. 

Why is everyone so gung-ho about hiring this year?

The labor market is historically tight — the unemployment rate is holding steady at an unusually low 3.7% — and many companies are struggling to fill open jobs.

The number of job openings has actually exceeded the number of unemployed Americans for the last 17 months, so companies that need to do lots of hiring have to be more proactive than usual to find workers. 

Companies that fulfill online orders are leading the pack…

Which is no surprise. Delivery companies always need to staff up for the delivery season — and this year’s hiring spree will be more competitive than ever thanks to the strong economy and low unemployment rate.

Here’s a roundup of the hungriest hirers in the game right now: