Written by HRCap, Inc.
December 1, 2022
With inflation on the rise, 73% of holiday shoppers expect higher prices this holiday season which will reduce the number of gifts they will purchase. However, there are also a number of families that cannot afford to buy holiday gifts. According to a 2021 Deloitte survey, 11.5% of consumers are not planning on any holiday-related spending, which is the highest it has been within the past 10 years. For 2022, the number of people not spending on holiday shopping is likely to be higher, leaving many children without a gift.
HRCap and Community Gift Drive
HRCap is participating in New Jersey Community Development Corporation's (NJCDC) 29th Annual Holiday Gift Drive, which collects gifts for families in Paterson struggling to make ends meet. We hope to make these families’ holidays a little special by contributing gifts and spreading Christmas joy to our community through the Holiday Gift Drive. We have encouraged our teams and employees to donate by either dropping off their gift donations at the HRCap office or buying from the NJCDC’s online wish lists.