Bull vs. Bear: Boston Beer Co.
Motley Fool Hidden Gems Investing
The Motley Fool
4.3 • 3.1K Ratings
🗓️ 6 October 2022
⏱️ 15 minutes
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| 0:00.0 | Hey, somebody called Bill Burr and Mark Wahlberg. |
| 0:08.1 | We've got a bull versus bear debate over Boston beer. |
| 0:11.2 | Motley Full Money starts now. |
| 0:14.8 | I'm Chris Hill, and joining me from the financial capital of the United States of America. |
| 0:25.5 | Motley Full Senior Analyst, Maria Gallagher. |
| 0:27.6 | Thanks for being here. |
| 0:28.6 | Thanks for having me. |
| 0:30.8 | This morning, Amazon announced it is hiring 150,000 seasonal employees to help with the holiday |
| 0:37.4 | rush. |
| 0:39.7 | And this makes me feel better for a couple of reasons. |
| 0:45.2 | The main one being that this is kind of in line with what we've heard out of UPS and |
| 0:51.0 | Target in terms of the seasonal workers that they're going to be hiring. |
| 0:56.2 | As earlier this fall, we had Wahlberg coming out and saying, hey, we're going to hire |
| 1:01.0 | 40,000, which is far fewer than they did last year. |
| 1:06.9 | When you saw this news, your reaction was what? |
| 1:10.5 | So I actually think there are a couple different interesting things here. |
| 1:13.5 | The first is the competition between the retailers to get and retain hourly employees. |
| 1:18.8 | I think it's pretty fascinating. |
| 1:20.2 | So the retail industry alone hires around 500,000 temporary workers for the holiday season. |
| 1:26.0 | Amazon you're seeing bumped its pay from $19 an hour from $18 an hour. |
| 1:30.6 | They have sign-on bonuses ranging from $1,000 to $3,000. |
| 1:35.0 | UPS is hiring 100,000 seasonal workers with wages from $16 to $30 an hour. |
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