BUSINESS

Home Depot Hiring Spree: 80,000 Workers Wanted In U.S., 6,000 In Canada

02/03/2016 08:15 EST | Updated 02/03/2016 08:59 EST
ASSOCIATED PRESS
The sign showing the location of the Home Depot store in Cranberry, Pa., Butler County, is seen on Wednesday, Sept. 10, 2014. Shares of Home Depot are under pressure Wednesday as the home improvement retailer contends with the fallout of a data breach at its more than 2,000 U.S. and Canadian stores. (AP Photo/Keith Srakocic)

NEW YORK -- Home Depot is on a hiring spree.

The U.S.'s largest home improvement chain, based in Atlanta, said Wednesday it's hiring more than 80,000 workers nationwide for its busy spring season, the same level as in recent years. In Canada, the retailer is reportedly planning to hire 6,000 people for the spring season.

The part-time and full-time jobs include sales, operations and cashier positions across all departments in stores as well as jobs at its distribution centres. The retailer estimates that more than half of the temporary workers stay on for permanent employment.

Jobs That Trended Upwards Most, 2015

The hiring comes as Home Depot has been benefiting from shoppers' increasing shift to renovate their homes in a housing market that has been solid

Home Depot said in December that it expects its annual revenue to surpass $100 billion in 2018 and backed its earnings and revenue outlook for the latest fiscal year that ended last month. It also said that sales at stores opened at least a year, a key measure of a retailer's financial health, would rise 4.9 per cent for the fiscal year that just ended.

Home Depot Inc. is expected to report its fiscal fourth-quarter and annual results on Feb. 23.

Shares have risen nearly 17 per cent over the past 12 months, and are trading around $126 per share.