FOR IMMEDIATE RELEASE
November 14, 2024
Contact: Bryan Wachter (775) 771-8969 | Bryan@RANNV.org
Nevada’s Major Retailers are Hiring for the Holidays
3,900 Workers Expected to be Hired Across the State
Retailers in Nevadaare ramping up hiring efforts ahead of the traditional surge in holiday shopping, with the Retail Association of Nevada (RAN) estimating the addition of 3,900 seasonal positionsin the Silver State. Nationwide, workers have access to hundreds of thousands ofseasonal opportunities that could transition into full-time roles. Non-store employers are leadinghiring expectations, with Amazon planning to hire 250,000 seasonal workers and UPSincreasing its hiring target to 125,000, up from 100,000 last year.
In-store retailers havealso detailed their seasonal hiring plans. Target aims to hire 100,000 seasonal workersacross its 1,963 locations, maintaining the same level as last year.Macy’s plans to addover 31,500 seasonal employees for its Macy’s and Bloomingdale’s stores,a decrease fromthe38,000-position target last year. Bath & Body Works, Burlington Coat Factory, JCPenney,and Dick’s Sporting Goods have set hiring targets of 30,000, 24,000, 10,000, and 8,000 seasonal workers, respectively.
Seasonal job postings across the U.S. were increasing as businesses braced for a strong holiday season amida softening labor market, and cautious consumer spending. Challenger,Gray&Christmas, Inc. projected retailers will add 520,000 seasonal jobsin the last three monthsoftheyear. While this figure was higher than the 509,300 seasonal positions in 2022,itwas below the 564,200 seasonal hires in 2023 and was the second lowest total since2009.Labor expert Andrew Challenger emphasized that seasonal job growth mightbe influenced by economic fluctuations, potentially leading to difficulties in filling positionsor reduced demand if the economy slows and consumer spending declines.
In Nevada, broad economic indicators have been cooling into the final months of the year. Overall job growth remained positive, though the annual growth rate fell to 1.8 percent in September 2024, the lowest rate since early 2021. The state’s unemployment rate was 5.5 percent, a 0.3 percentage point increase from the previous year, though it has improved from the recent peak of 6.3 percent in July 2024. Consumer spending growth has slowed, with taxable retail sales reaching $90.2 billion for the 12 months ending in August 2024—a 2.7 percent increase year over year which marked the slowest annual growth since March 2021. Additionally, monthly retail sales volumes have seen negative annual growth for four consecutive months ending August.
