Santa's going to need more helpers this year.
The majority of U.S. retailers will hire more employees this year than they did last year, but Minneapolis-based Target is bucking the trend and will apparently hold the line and will hire the same number of employees as last season.
The Pioneer Press reports that Macy's will hire 950 seasonal workers at its Twin Cities stores, part of the 96,000 temporary workers it will hire for the holidays. That represents a 3.6 percent increase in its seasonal workforce over last year.
The Associated Press reported that Target will hire some 70,000 holiday workers, about the same as last year.
Meanwhile, rival Walmart said it plans to hire 60,000 seasonal workers, a 10 percent increase from last year. The Wisconsin-based Kohl's chain plans to hire 67,000 seasonal workers, a 15 percent increase.
Earlier this month, Shutterfly in Shakopee announced that it planned to bring on about a thousand workers for the holidays.
UPS said it would hire 95,000 seasonal workers and FedEx plans to hire 50,000 – that's 10,000 more than last year.
The pace of hiring at a retailer can serve as an indicator of expectations for the holiday shopping season. The National Retail Federation indicates the crucial fourth quarter accounts for 20 percent of the industry's annual sales.