Walmart raises minimum wage as retail labor market remains tight
Publishing timestamp: 2023-01-24 12:36:17
Summary
Walmart is raising its minimum wage to $14 an hour for store employees, and is also sweetening its college tuition program and creating more high-paid roles at its auto centers. This is part of a larger trend of retailers attempting to attract and retain employees in a tight labor market. Other retailers, such as Target, have already implemented similar measures.
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Keywords: macy's inc, alphabet class a, goldman sachs group inc, target corp, business news, lululemon athletica inc, walmart inc, breaking news: business, amazon.com inc, retail industry, business,