"American Christmas LLC, which creates elaborate holiday installations for commercial properties such as New York's Rockefeller Center and Radio City Music Hall, plans to hire 220 temporary workers and is ramping up recruitment nearly two months later than usual, CEO Dan Casterella said. Last year, the company took on 300 people during its busy period."
"The main reason? The company wants to offset its tariff bill, which Casterella expects to be as big as $1.5 million this year, more than double last year's $600,000. "The issue is if you overstaff and then you underperform, it's too late," Casterella said. "I think everyone's more mindful now than ever.""
"Job placement firm Challenger, Gray & Christmas forecasts hiring for the last three months of the year will likely fall under 500,000 positions. That's fewer than last year's 543,000 level and also marks the smallest seasonal gain in 16 years when retailers hired 495,800 temporary workers, the firm said. The average seasonal gain since 2005 has been 653,363 workers, the firm said."
Economic uncertainty and rising tariffs are prompting retailers and service providers to reduce or delay seasonal hiring for distribution centers, stores and holiday installations. American Christmas LLC plans to hire 220 temporary workers, down from 300 last year, and is recruiting nearly two months later than usual. The company expects tariff costs to reach $1.5 million, more than double the prior year, driving caution. Job placement firm Challenger, Gray & Christmas forecasts seasonal hiring for the last three months will likely fall below 500,000 positions, the smallest gain in 16 years. Several companies are trimming planned holiday payrolls.
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