Holiday shopping is changing as e-commerce reshapes retail jobs. This year, retailers are adding 520,000 seasonal jobs, down from 564,000 last year, with a growing focus on online fulfillment. While e-commerce is continuing to drive retail sales growth, it's also causing a decline in in-store positions. E-commerce giant Amazon is leading holiday hiring followed by UPS. Retail sales growth is expected to top $1 trillion this holiday season, with strong online sales. Chapters: 0:00 Introduction 1:45: Chapter 1. Growth of e-commerce 3:02: Chapter 2. Holiday impact and outlook Produced and Edited by: DeLon Thornton Additional Editing: Darren Geeter Supervising Producer: Jeniece Pettitt Editorial Support: Katie Tarasov Animation by: Jason Reginato Additional Footage: Getty Images » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more. Want to earn more money at work? Take CNBC’s new online course How to Negotiate a Higher Salary. Expert instructors will teach you the skills you need to get a bigger paycheck, including how to prepare and build your confidence, what to do and say, and how to craft a counteroffer: https://cnb.cx/4fB26Ru Connect with CNBC News Online Get the latest news: https://www.cnbc.com/ Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC Follow CNBC on Threads: https://cnb.cx/threads Follow CNBC News on X: https://cnb.cx/FollowCNBC Follow CNBC on WhatsApp: https://cnb.cx/WhatsAppCNBC #CNBC How Amazon And E-commerce Are Impacting Seasonal Retail Jobs
How Amazon And E-commerce Are Impacting Seasonal Retail Jobs
Holiday shopping is changing as e-commerce reshapes retail jobs. This year, retailers are adding 520,000 seasonal jobs, down from 564,000 last year, with a growing focus on online fulfillment. While e-commerce is continuing to drive retail sales growth, it's also causing a decline in in-store positions. E-commerce giant Amazon is leading holiday hiring followed by UPS. Retail sales growth is expected to top $1 trillion this holiday season, with strong online sales. Chapters: 0:00 Introduction 1:45: Chapter 1. Growth of e-commerce 3:02: Chapter 2. Holiday impact and outlook Produced and Edited by: DeLon Thornton Additional Editing: Darren Geeter Supervising Producer: Jeniece Pettitt Editorial Support: Katie Tarasov Animation by: Jason Reginato Additional Footage: Getty Images » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more. Want to earn more money at work? Take CNBC’s new online course How to Negotiate a Higher Salary. Expert instructors will teach you the skills you need to get a bigger paycheck, including how to prepare and build your confidence, what to do and say, and how to craft a counteroffer: https://cnb.cx/4fB26Ru Connect with CNBC News Online Get the latest news: https://www.cnbc.com/ Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC Follow CNBC on Threads: https://cnb.cx/threads Follow CNBC News on X: https://cnb.cx/FollowCNBC Follow CNBC on WhatsApp: https://cnb.cx/WhatsAppCNBC #CNBC How Amazon And E-commerce Are Impacting Seasonal Retail Jobs