All posts from Zacks
Zacks in Our Research. Your Success.,

Want to Work for Amazon? Its Giant Job Fair is Your Chance AMZN announced on Wednesday that it will be hosting a giant job fair, called “Amazon Jobs Day,” on August 2nd. The giant retailer is looking to fill 50,000 new positions in the U.S. at 10 shipping sites.

Most of the jobs available will be at sorting centers. A majority of the jobs will be full-time positions, while 10,000 part-time jobs will be offered along with some supporting and managerial positions.

“Amazon is hiring for tens of thousands of full-time opportunities at its fulfillment centers across the U.S. for employees who will pick, pack and ship customer orders,” the company said in a statement.

For those who don’t see a job in shipping as an appealing prospect, John Olsen, Amazon’s Vice President of Amazon’s Worldwide Operations Human Resources, offers some words of encouragement. “These are great opportunities with runaway advancement. In fact, of our entry-level managers across Amazon’s U.S. fulfillment centers, nearly 15% started in hourly roles and were promoted into their current position.”

Back in January, Amazon said that it wanted to hire 100,000 full-time workers over the next 18 months. When it completes its goal in mid-2018, Amazon’s U.S. workforce will have grown to be around 300,000 people, compared to the 30,000 Amazon employed in 2011.

This job growth seems to be built around the expansion of Amazon’s offerings. The company recently announced adding Sears’ SHLD Kenmore products to its website. Amazon has also registered a trademark for a meal-kit business this month that allow it to compete with Blue Apron APRN. Not to mention Amazon’s acquisition of Whole Foods WFM and its increasing number of brick-and-mortar bookstores will require additional personnel.

Doors will be open on August 2nd from 8 a.m. to noon. Tours and information sessions will be available.

The Hottest Tech Mega-Trend of All

Last year, it generated $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaries," but that should still leave plenty of money for regular investors who make the right trades early.

 See Zacks' 3 Best Stocks to Play This Trend >>

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report, Inc. (AMZN): Free Stock Analysis Report
Whole Foods Market, Inc. (WFM): Free Stock Analysis Report
BLUE APRON HLDG (APRN): Free Stock Analysis Report
To read this article on click here.
Zacks Investment Research