Share

Walmart in jobs bonanza

New York -  Walmart Stores is hiring 55 000 seasonal workers in the US and is elevating 70 000 more to part- or full-time positions as the holiday season ramps up.

The world's largest retailer said Monday that 35 000 temporary workers will become part-time and 35 000 part-time workers will gain full-time jobs.

The shift means that Walmart will be offering more of its workers benefits. That's significant because Wal-Mart has been a target of attacks by labor groups for what they say are skimpy wages and benefits.

Coming off a slower-than-expected back-to-school season, stores are bracing for a tough holiday shopping period, which accounts for as much as 40% of their annual revenue. Analysts study the holiday hiring figures from retailers for clues about employment trends and sales expectations for the holiday season. Stores typically begin to hire for the holidays in mid-September and ramp up hiring in mid-October.

Last season, Wal-Mart hired 50 000 workers and said it would offer more hours in general to its existing employees.

The increase of full-time positions with benefits rather than temporary jobs is a departure from what is going on elsewhere, said Bob Funk, an employment expert and CEO of Express Employment Professionals, which counts Walmart Stores as one of its largest clients.

"We're seeing hiring, but not at the magnitude of past years," he said.

Retailers often look to part-time positions, which typically don't include benefits, as a way to hold down costs.

The Bentonville, Arkansas-based discounter, which is the largest US private employer, has 1.3 million full-time and part-time US workers.

We live in a world where facts and fiction get blurred
Who we choose to trust can have a profound impact on our lives. Join thousands of devoted South Africans who look to News24 to bring them news they can trust every day. As we celebrate 25 years, become a News24 subscriber as we strive to keep you informed, inspired and empowered.
Join News24 today
heading
description
username
Show Comments ()
Rand - Dollar
18.99
+0.1%
Rand - Pound
23.77
+0.1%
Rand - Euro
20.39
+0.1%
Rand - Aus dollar
12.42
-0.2%
Rand - Yen
0.12
+0.8%
Platinum
926.50
+0.1%
Palladium
986.00
-0.5%
Gold
2,347.68
+0.7%
Silver
27.67
+0.9%
Brent-ruolie
89.01
+1.1%
Top 40
69,080
+0.9%
All Share
75,020
+0.9%
Resource 10
62,965
+1.4%
Industrial 25
103,671
+1.1%
Financial 15
15,843
+0.3%
All JSE data delayed by at least 15 minutes Iress logo
Company Snapshot
Editorial feedback and complaints

Contact the public editor with feedback for our journalists, complaints, queries or suggestions about articles on News24.

LEARN MORE
Government tenders

Find public sector tender opportunities in South Africa here.

Government tenders
This portal provides access to information on all tenders made by all public sector organisations in all spheres of government.
Browse tenders