The Coming Holidays Bring Gifts of Jobs

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Mortgage and Lending with The Federal Savings Bank/Lending in 50 states NMLS # 109616

With the holiday shopping season underway who's hiring to fill positions for November and December? Walmart is hiring 170,000 seasonal and temporary workers and is the largest so far of the major retailers. Amazon is looking to fill 165,000 permanent positions while UPS will be looking to add 100,000 seasonal workers. Also, Target is expected to add 100,000, the U.S. Postal Service 100,000, FedEx 90,000 and Kohl's is expected to hire 90,000.

Gas prices continue to rise due in part to the recent gush in oil prices. Motor club AAA reports that the national average price for a gallon of gasoline rose six cents over the past week to hit $3.38. The pump price has gone up every day in the past 27 days, adding approximately 20 cents to the cost of a gallon of gas. The current price is up from $3.32 a week ago, up from $3.18 a month ago and from $2.16 a year ago. The price of West Texas Intermediate oil hit $85/bbl, the highest in seven years. "With the U.S. economy slowly recovering from the depths of the pandemic, demand for gas is robust, but the supply is tight,” said Andrew Gross, AAA spokesperson. “We haven’t seen prices this high since September of 2014."

 

Holiday hiring underway. Walmart tops hiring with 170,000 expected. Gas prices continue to rise.

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