News: Workforce to surge 30-50 percent ahead of festival season

Strategic HR

Workforce to surge 30-50 percent ahead of festival season

This festive season that's just around the corner will see a jobs boom—staffing companies are being flooded with demands for more workers as the economy starts looking up again and consumers feel emboldened enough to loosen their purse strings after being frugal through a prolonged slowdown. Amazon, McDonald's and others are set to hire a large number of people — some of them temporary, some full-time — and the trend is seen extending to smaller towns as well. Workforce numbers will likely surge 30-50% at e-commerce, fast-moving consumer goods, retail and BFSI (banking, financial services and insurance) companies as consumer spending is expected to shoot up in the next three months.

This festive season that's just around the corner will see a jobs boom—staffing companies are being flooded with demands for more workers as the economy starts looking up again and consumers feel emboldened enough to loosen their purse strings after being frugal through a prolonged slowdown. Amazon, McDonald's and others are set to hire a large number of people — some of them temporary, some full-time — and the trend is seen extending to smaller towns as well. Workforce numbers will likely surge 30-50% at e-commerce, fast-moving consumer goods, retail and BFSI (banking, financial services and insurance) companies as consumer spending is expected to shoot up in the next three months.

Read the Economic Times news report here.

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Topics: Strategic HR, #Current, #National

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