Year in Review: Fortune 500 Companies That Added the Most New Jobs in 2020
By Cody Bay of GOBankingRates |
Job growth has been in a downward trajectory over recent months, according to the Bureau of Labor Statistics, as an economic recovery that had picked up over the summer is losing momentum going into the fall amid rising coronaviruses cases. Of the 638,000 jobs that were added in the U.S. in October, dominant sectors included leisure and hospitality, retail trade, healthcare and social assistance, as well as professional and business services.
Among Fortune 500 companies, many have added significant numbers of jobs in 2020, compared to 2019. Technology companies, couriers like FedEx and UPS, and discount retailers are among those hiring the most this year. In perhaps another notable sign of the times, a manufacturer of plastic packaging and protective medical solutions had the highest percentage growth year over year, landing at No. 5 on this list.