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J.C. Penney increases holiday seasonal hiring by 33%

Sep. 20, 2016 10:30 AM ETOLD COPPER CO INC. (CPPRQ) StockCPPRQBy: Clark Schultz, SA News Editor8 Comments
  • J.C. Penney (JCP -1.1%) announces it will hire 40K workers this year to help it meet demand around the holiday season.
  • The company hired about 30K workers last year.
  • The 33% increase in holiday season employee adds stands in contrast to the flat hiring growth of department store peers and general merchandise retailers. Even Amazon only bumped up its hiring by 2% this year.
  • The higher number could be an indication that a lower percentage of holiday workers were kept on full-time last year.

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