ANALYSIS, COMMENTS, THOUGHTS, AND OTHER OBSERVATIONS IN DR. SKOSPLES' NATIONAL INCOME AND BUSINESS CYCLES COURSE AT OHIO WESLEYAN UNIVERSITY
Tuesday, November 16, 2010
UPS Hiring 50,000
With the UPS company seeing holiday shipments up 7.5%, the company plans to hire 50,000 seasonal workers. The UPS Airlines also plans to add 350 daily flights during peak week. The world’s largest package delivery company expects about 430 million deliveries during its peak season, up from 400 million last year as consumer spending rises gradually with a slowly improving economy. In other news, the second largest U.S. package-delivery company, FedEx Corp, expects its holiday shipments likely to rise 11% from last year. According to Adler, online sales have been driving holiday package volume at both companies as shoppers buy more from Web-based retailers as well on Internet sites from traditional chain stores.
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