Holiday Shoppers to Spend Big Despite High Prices and Slow Job Growth

Despite inflation and economic pressures, holiday spending is expected to surpass pre-pandemic levels, with nearly all consumers planning to shop.

Shoppers will spend the same amount as past years but get fewer gifts due to higher prices.

Most spending will happen in late November during Black Friday and Cyber Monday sales events.

Online holiday shopping is predicted to hit a new record of over $221 billion.

Job growth for seasonal retail workers is slowing, but e-commerce roles in warehousing and delivery are still in high demand.