UPS Plans to Hire 100,000 People During Holiday Season

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  • UPS Plans to Hire 100,000 People During Holiday Season

The United Parcel Service Inc announced on Monday it would hire around 100,000 temporary employees for the holiday season beginning in November.

This year seasonal hiring is about 5.3 percent more than last year when the company hired 95,000 temporary employees.

Peak season begins on Black Friday, the day after the Thanksgiving holiday in November, and runs through early January when there is a large wave of returns.

Both UPS and smaller rival FedEx Corp hire seasonal workers every year to handle huge volumes of deliveries during the season as shoppers spend more online, buoyed by a strong economy and labor market.

Last week, FedEx said it would hire about 55,000 workers for the season, up about 10 percent compared with a year earlier.

UPS had about 454,000 permanent employees as of Dec. 31, 2017, while FedEx employed about 166,000 people as of May 31.

About the Author

Samed Olukoya
CEO/Founder Investors King Ltd, a foreign exchange research analyst, contributing author on New York-based Talk Markets and Investing.com, with over a decade long experience in the global financial market. Contact Samed on Twitter: @sameolukoya; Email: [email protected]

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