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As companies all over the country were furloughing employees last month, Amazon was doing the opposite, hiring 100,000 people to fill new positions created to meet the increased demand. And now officials at the online retailer say they still don’t have enough employees. Amazon is looking to fill 75,000 new positions as soon as possible, the company announced Monday. Moreover, Amazon has raised the hourly pay for warehouse workers by $2 and doubled their overtime pay through the end of April. Combined with the money that will be paid out to the new hires, the expansion is setting Amazon back more than $500 million, officials say.
With unemployment at a record high, what does all of this online spending say about U.S. residents?
