Illustration: Rebecca Zisser/Axios

Companies have ambitious goals to bulk up staffing for the holiday season, but the tight labor market might make meeting those targets tough.

Why it matters: Unemployment is at a record low and this is a take-your-pick job market, so hiring for the holiday season will likely be more difficult than usual. (Yes, it's already starting.) There's no guarantee that offering perks like paid time off or bonus eligibility will attract more seasonal workers.

Hiring plans by the numbers:

  • Target: 120,000, 20% more planned than last year
  • UPS: 100,000, about 5% more planned than last year
  • FedEx: 55,000, 10% more planned than last year
  • Macy's: 80,000, in line with last year's initial hiring plans

The other side: According to James Dion, who runs the retail consultancy firm Dionco, companies might have to pay a little more, but they will be able to find workers to take on a part-time gig — maybe as an additional job — for the holidays.

  • "If [companies] have any trouble getting workers, they will continue to raise the salary until they get them," Dion said. One example: Target, which is upping wages for seasonal employees this year.

The bottom line: There are major consequences if companies do not hire enough workers to meet the demand of the holiday season. (Ask UPS, which had to draft its accountants and other staff to deliver packages last year.) With insufficient service, sales will suffer.

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A grand jury has indicted Brett Hankison, one of the Louisville police officers who entered Breonna Taylor's home in March and shot her at least eight times, on three counts of wanton endangerment.

The state of play: None of the three officers involved in the botched drug raid will face charges related to the actual death of Taylor, such as homicide or manslaughter. The two other officers, Jonathan Mattingly and Myles Cosgrove, were not charged at all. Hankison's bond was set at $15,000.

FDA chief vows agency will not accept political pressure on coronavirus vaccine

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Why it matters: More Americans are expressing doubt about a first-generation vaccine, despite President Trump's efforts to push an unrealistic timeline that conflicts with medical experts in his administration.

CEO confidence rises for the first time in over 2 years

Data: Business Roundtable; Chart: Naema Ahmed/Axios

A closely-watched CEO economic confidence index rose for the first time after declining for nine straight quarters, according to a survey of 150 chief executives of the biggest U.S. companies by trade group Business Roundtable.

Why it matters: The index, which still remains at a decade low, reflects corporate America's expectations for sales, hiring and spending — which plummeted amid uncertainty when the pandemic hit.

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