![]() ![]() Sheetz is offering $500 bonuses for store workers and $1,000 for shift supervisors to fill 50 jobs. Ollie’s Bargain Outlet is giving $1,000 sign-on bonuses to staff 200 open jobs at its distribution centers. (AP Photo/Marta Lavandier) Marta Lavandier/APĪre unemployment benefits causing working shortages? Here's what we know. The number of Americans seeking unemployment benefits dropped last week to 406,000, a new pandemic low and more evidence that the job market is strengthening as the virus wanes and economy further reopens. Other places he was looking at weren’t able to match it.Ī customer walks behind a sign at a Nordstrom store seeking employees, Friday, May 21, 2021, in Coral Gables, Fla. “The bonus was a cherry on top,” he said. He started working at an Amazon regional air hub in San Bernardino, California, loading and unloading cargo from planes for $16.40 an hour.īuscaino said the $3,000 bonus Amazon was offering for the job was a deciding factor in his decision to work there. Robin Ray Buscaino, 22, lost his job in 2020 at a restaurant in Colton, California, and was unemployed for a year. The company also said the jobs offer an average pay of over $17 an hour, higher than the company’s $15 minimum wage.Īmazon employees has offered higher sign-on bonuses for some hourly positions, too. Retailers are adding more warehouse and delivery jobs as online shopping becomes more widespread.Įconomists, labor experts and companies say the reasons for the hiring challenges are varied, but they include difficulties workers are having finding child and family care, health and safety concerns among the workforce, and expanded unemployment benefits.Ĭompanies hope bonuses will help them meet staffing needs and continue growing.Īmazon announced in May that it is hiring 75,000 people in warehouse and transportation jobs and offering sign-on bonuses of up to $1,000 in many locations. In the warehouse and transportation sector, there were 348,000 open jobs in March, a 5% increase from a year ago. There were 878,000 job openings in the US retail sector in March, a 53% increase from the same month last year, according to the latest data from the Bureau of Labor Statistics. “It tells you how needy retailers are for staff,” he said.Ĭompanies are searching for workers as growing numbers of vaccinated Americans head back to stores. “In the past, there were always enough people applying for jobs. “Historically, stores have not had to do sign-on bonuses,” said Craig Rowley, senior client partner at Korn Ferry specializing in retail. ![]() Why this discount chain thinks rising prices are a good thing Jeffrey Greenberg/Education Images/Universal Images Group/Getty Images ![]() CNN Sans ™ & © 2016 Cable News Network.Five Below discount variety store merchandise, in Miami, Florida in March 2019. ![]() Market holidays and trading hours provided by Copp Clark Limited. All content of the Dow Jones branded indices Copyright S&P Dow Jones Indices LLC and/or its affiliates. Standard & Poor’s and S&P are registered trademarks of Standard & Poor’s Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Chicago Mercantile: Certain market data is the property of Chicago Mercantile Exchange Inc. US market indices are shown in real time, except for the S&P 500 which is refreshed every two minutes. Your CNN account Log in to your CNN account ![]()
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