UPS Holiday Hiring May Rise 10% to 55,000 - Bloomberg
United Parcel Service Inc. (UPS) may hire 55,000 holiday workers this year, a 10 percent increase from 2010, to help with shipping gains bolstered by online shopping.
Projected employment and volume gains at UPS and competitor FedEx Corp. (FDX), both economic proxies because of their deliveries, indicate broader growth while countering indicators of a slowing recovery. FedEx said last month it would hire 20,000 seasonal employees, an 18 percent gain.
United Parcel Service Inc. (UPS) may hire 55,000 holiday workers this year, a 10 percent increase from 2010, to help with shipping gains bolstered by online shopping.
Projected employment and volume gains at UPS and competitor FedEx Corp. (FDX), both economic proxies because of their deliveries, indicate broader growth while countering indicators of a slowing recovery. FedEx said last month it would hire 20,000 seasonal employees, an 18 percent gain.
