WASHINGTON - Target Corp will raise its U.S. minimum wage to $13 an hour in June, from $12 currently, increasing its payroll costs and putting new pressure on rival Walmart Inc to attract retail workers in a tight labor market.
Retailers have been finding it tougher to attract workers, with U.S. unemployment at its lowest level in nearly 50 years, while there has been growing political pressure on companies to pay workers a fair living wage. The $15 minimum wage movement has found support from Democrats, including Senator Elizabeth Warren, who is running for the party's 2020 presidential nomination, and Representative Alexandria Ocasio-Cortez, part of a new crop of Democrats swept into office this year on a stronger liberal platform.
Excellent, they should have done it long ago..Everytime their profits soar, they need to raise the salary of their employees the way 'big companies' use to do, instead of pocketing it all!
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Target raises minimum wage to $13 an hour in tight labor marketWalmart currently pays entry-level workers $11 an hour, and Costco and Amazon pay $15. As they add more self serve checkouts. TargetLessWorkers And more Target are closing. Yes! Let companies decide their own minimum wage! Don't force a national standard. This is how it should be.
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