Retailers hiring holiday staff numbers reflective of state of economy

Holiday hiring at retailers has always been a sign of a healthy economy. People are shopping more, seasonal paychecks are putting more money in retail workers' pockets, and retailers have high hopes of ending Q4 with a healthy bottom line.

This year with caution over inflation, holiday hiring is looking like a mixed bag, reflective of retailers' caution about the current recession we are in. Target is adding its usual 100,000 holiday workers. Meanwhile, Walmart is only hiring 40,000 compared to its past 150,000. Amazon has frozen corporate hiring, but plans on hiring a staggering 400,000 retail workers.