Jan 12, 2017

Why Amazon is hiring 100K new full-time employees

Ross D. Franklin, file / AP

Amazon announced today it will hire 100,000 new full-time workers over the next 18 months, increasing its full-time American workforce to more than 280,000 by 2018.

The jobs won't just be located in its home state of Washington, as the firm will add employment to its growing base of fulfillment centers across the country. Amazon plans to add 6,500 new jobs in Florida and 7,000 jobs in Illinois, for instance.

Why this matters: Amazon's plans are a testament to the strengthening economy and a much tighter labor market. The company is likely reacting to the large decline in the number of workers available for part-time work.

The above chart shows the number of workers who work part time, but want full time work, a good proxy for the available pool of part-time workers. By hiring now, Amazon is moving to lock up the best low and middle-skilled workers before the labor market gets even tighter.

What are the politics? Donald Trump will surely take credit for this and other similar moves, but hiring today is more likely the result of a recovery that's been gaining steam for years now. Sometimes it's better to be lucky than good.

Go deeper

Mass shooting in Milwaukee: What we know

Milwaukee Mayor Tom Barrett in 2012. Photo: John Gress/Corbis via Getty Images

Six people died in a shooting at the Molson Coors Brewing Company in Milwaukee on Wednesday, including the gunman, Mayor Tom Barrett told reporters at a Wednesday evening press conference with local police.

Details: All of the victims worked at the brewery complex, as did the shooter who died of "an apparent self-inflicted gunshot wound," police confirmed in a statement late Wednesday.

Go deeperArrowUpdated 7 hours ago - Politics & Policy

Coronavirus updates: South Korea case count tops 2,000

Data: The Center for Systems Science and Engineering at Johns Hopkins, the CDC, and China's Health Ministry. Note: China numbers are for the mainland only and U.S. numbers include repatriated citizens.

33 people in California have tested positive for the coronavirus, and health officials are monitoring 8,400 people who have recently returned from "points of concern," Gov. Gavin Newsom said Thursday.

The big picture: COVID-19 has killed more than 2,850 people and infected over 83,000 others in some 50 countries and territories. The novel coronavirus is now affecting every continent but Antarctica, and the WHO said Wednesday the number of new cases reported outside China has exceeded those inside the country for the first time.

Go deeperArrowUpdated 7 hours ago - Health

Syria's darkest chapter

Family room without a family, in Idlib. Photo: Muhammed Said/Anadolu Agency via Getty Images

The worst humanitarian crisis of Syria’s brutal civil war is colliding today with what could be the war’s most dangerous geopolitical showdown, after at least 29 Turkish troops were killed in an airstrike.

The big picture: The fighting is taking place in Idlib in northwest Syria, where a ferocious Syrian and Russian offensive has displaced 1 million civilians and infuriated Turkey, which borders the region.

Go deeperArrow9 hours ago - World