Amazon hiring 75,000 people, at an average pay of more than $17 an hour

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Amazon.com Inc. AMZN, +0.83% said Thursday that it is hiring 75,000 people in the U.S. and Canada for work in its logistics and fulfillment network. The ecommerce and cloud giant said new hires will be paid an average of more than $17 an hour, and will receive sign-on bonuses of up to $1,000. The new hires will also receive an additional $100 if they show proof of COVID-19 vaccination. Amazon said its locations with the most job openings include Arizona, California, Colorado, Georgia, Illinois, Kentucky, Maryland, Minnesota, New Jersey, Pennsylvania, Tennessee, Washington and Wisconsin. The stock, which rose 1.2% in premarket trading, has slipped 3.2% year to date through Wednesday, while the Nasdaq Composite COMP, +1.49% has edged up 1.1% and the S&P 500 SPX, +1.46% has gained 8.2%.

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