The world's largest express delivery service United Parcels Service (UPS) has announced its intention to hire about 100 thousand temporary employees to work during the company’s peak season, which is the winter holidays in the United States.submitted by Itrader_com to u/Itrader_com [link] [comments]
The count coincides with the number of additional personnel involved in the work from November to January last year, MarketWatch reports. The bulk of seasonal workers are drivers and packers of goods. They are engaged in both full and part-time jobs.
According to UPS, over the past three years, about 35% of seasonal employees were subsequently hired by the company for permanent positions.
During this holiday period, the number of daily parcels sent will almost double and will be about 20 million, the company predicts.
The market value of UPS since the beginning of this year has grown by 23%, while the US Dow Jones Industrial Average index has increased by 14.9% over this period.
UPS is considered a barometer of the American economy, as the company accounts for about half of all shipments to the United States: from automotive components and medicines to clothing and financial documentation.
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