Walmart Raises Minimum Wage in Competitive Retail Market

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John Furner, CEO of Walmart U.S., told associates in a memo that “we know our people make the difference.”

has about 450,000 employees overall, Walmart employs 2.3 million globally.

“No matter where you are in your journey, getting your start here can open doors — the first step into jobs that become careers and build better lives,” he said. retailers might be upping their game to staff stores at a time when unemployment is still very low at 3.5 percent, despite the Federal Reserve’s best efforts to cool the economy with higher interest rates.

 

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