Home Depot to Hire 80,000 Seasonal Workers [View all]
Source: Investor Place
Spring is the season when homeowners start thinking about repairs, landscaping and renovations. The nationís largest home improvement retailer expects more homeowners to spend money on spring updates this year.
In order to meet the anticipated sales rise, Home Depot says it plans to hire about seasonal 80,000 workers. Thatís a 14% jump from the number of seasonal workers it recruited last spring, CNN notes.
Spring is traditionally the home supply chainís strongest season. Last year it recruited 70,000 workers in the spring, up from 60,000 in 2011. That was solid improvement from 2009, when the financial crisis and a sputtering housing market caused the chain to trim its payroll by 7,000 workers.
Home Depotís high expectations come as U.S. home prices continue to rise, suggesting that the housing market is finally, if slowly, recovering from the mortgage crisis and economic downturn.