- Amazon plans to hire 250,000 seasonal and permanent workers across the U.S. for the holiday season.
- New positions include both part-time and full-time roles, with pay starting at $19 per hour for part-time and $23 per hour for full-time employees.
- The company is making this hiring push while also planning layoffs, mainly in human resources and consumer business departments.
- Recent U.S. job data showed weak employment growth, with only 22,000 jobs added in August and unemployment rising to 4.3%.
- Analysts project that Amazon stock could increase, with 12-month price targets averaging $267.25, a 23.5% gain from the current price of $216.39.
Amazon has announced plans to add 250,000 new jobs during the upcoming holiday season, aiming to support its operations across the United States. The company seeks both part-time and permanent employees, with a focus on handling increased demand.
According to a recent press release, Amazon will offer $19 per hour for part-time workers and $23 per hour for full-time roles. The company stated, “Amazon is hiring 250,000 people this holiday season, including in rural communities across America. Regular full- and part-time employees earn an average of $23 per hour with benefits. Seasonal employees at Amazon earn over $19 per hour on average.”
The hiring effort comes as Amazon continues organizational changes that may include layoffs, especially in its HR and consumer business divisions. The company highlighted opportunities for career advancement, stating that some seasonal employees have moved into management and leadership roles upon strong performance. “Every year, we meet employees who started as seasonal hires and go on to become managers, trainers, or leaders across our buildings, and we love that people everywhere can make these jobs what they want them to be.”
This hiring announcement follows a period of weak job growth in the broader U.S. economy. According to a recent update, only 22,000 jobs were added nationally in August—the lowest figure since October 2021. The U.S. unemployment rate rose to 4.3%, and wage growth reached 3.7% over the past year, slightly above the inflation rate.
Meanwhile, Amazon stock trades around $216 per share, but analysts at TipRanks predict the price could reach as high as $300 within the next 12 months. The average target is $267.25, which would represent a 23.5% increase from today’s price. For those interested in the job opportunities, more information is available on Amazon’s holiday hiring page.
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