Opinion: Macy's & Walmart Are Hiring Fewer Holiday Workers This Year, so It's a Good time to Start a Side Hustle

Daniella Cressman

Disclaimer: This information is accurate and true to the best of my knowledge. Content is for informational or entertainment purposes only and does not substitute for personal counsel or professional advice in business, financial, legal, or technical matters.

If you are looking for work this holiday season, you may be out of luck: Macy's and Walmart are hiring fewer seasonal workers this year.

Unfortunately, quite a few retailers are following suit.

Quite a few companies are bracing themselves for slower sales growth this year. As a result, they are not hiring as many seasonal workers as usual.

Macy's has announced that it is cutting back on seasonal positions. It has set a target goal of 41,000 hires, which is 76,000 less than last year. Michaels also said it is hiring for 15,000 seasonal positions instead of the 20,000 it hired for in 2021. Finally, Walmart said it's aiming to fill 40,000 positions this year instead of the 150,000 it aimed to fill last year, which is a significant decrease.

Unfortunately, the job market is becoming increasingly unpredictable, so it is a good time to have a backup plan in your back pocket.

This is as good a time as any to start your own business on the side or build at least one side hustle, just in case you don't get that holiday job you were counting on—companies also tend to cut back during a recession, so it never hurts to be prepared ahead of time. The worst-case scenario is that you keep your current job while enjoying a bit of extra income.

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Canadian-American author writing about local politics, personal finance, & dining in Albuquerque.

Albuquerque, NM

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