Walmart increases hourly wages by $ 1 for more than 550,000 employees

Walmart increases hourly wages by $ 1 for more than 550,000 employees

Florida, Miami, Walmart Discount department stores, departure lines.

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Walmart said Thursday it was raising hourly wages by at least $ 1 for more than 565,000 store workers as the retail industry faces a tight labor market during the holiday shopping season.

Walmart US chief executive John Furner said in a memorandum to employees that this was the company’s third salary investment in the past year. Walmart’s median hourly wage in the United States is now $ 16.40, he said.

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