Job Market Monitor
Wal-Mart
Walmart Employees – Would be better if they could go to another company and another job and make more money and develop says Bill Simon, CEO
“Some people took those jobs because they were the only ones available and haven’t been able to figure out how to move out of that,” Bill Simon, CEO of Wal-Mart U.S., acknowledged in an interview with The Associated Press. If Wal-Mart employees “can go to another company and another job and make more money and … Continue reading
WalMart in Canada / To create 7,500 jobs
Walmart Canada is still in growth mode, with plans to spend about $500-million this year to upgrade its network and add new stores. The country’s biggest mass merchant said Tuesday it will work on 35 supercentre projects between now and next January, bringing its Canadian store count to 395 from 389. That will include 282 … Continue reading
Wal-Mart’s Sam’s Club / To cuts 2,300 jobs
Wal-Mart Stores Inc (WMT.N) said on Friday it had cut 2,300 jobs, or roughly 2 percent of the total workforce at its Sam’s Club retail warehouse chain, its biggest round of layoffs since 2010. The action follows a lackluster U.S. holiday season and layoffs announced earlier this month from U.S. retailers Macy’s Inc (M.N), J.C. … Continue reading
US / Labor Board Says Wal-Mart “unlawfully threatened, disciplined, and/or terminated employees”
As unhappy Wal-Mart (WMT) workers were getting ready to stage protests on the Friday that followed Thanksgiving in 2012, the world’s biggest retailer was threatening employees with reprisal on national TV and elsewhere. That was illegal, according to a Nov. 18 statement by the National Labor Relations Board. The decision comes two weeks before this year’s Black … Continue reading
DC / Mayor Gray vetoes ‘living wage’ bill
Mayor Vincent C. Gray vetoed legislation Thursday that would force the District’s largest retailers to pay their workers significantly more Continue reading
US / The low-wage model: a single 300-person Wal-Mart Supercenter store could cost could cost taxpayers up to $1,744,590 per year to taxpayers
« Rising income inequality and wage stagnation threaten the future of America’s middle class » writes the Democratic staff of the U.S. House Committee on Education and the Workfororce in The Low-Wage Drag on Our Economy: Wal-Marts low wages and their effect on taxpayers and economic growth (Adapted chosen excerpts by Job Market Monitor to follow), adding that while … Continue reading
Low-Wage / Wal-Mart vs. the Feds: Who’s the King?
The federal government is better at creating low-paying jobs than Wal-Mart and McDonald’s combined, according to a new report. A study released earlier this month from the public policy group Demos states that through various forms of government funding in the private sector, nearly two million people are making $12 an hour or less. The … Continue reading
Walmart / Planning to hire more than 100,000: Why ?
Wal-Mart Stores (WMT +0.17%) isn’t planning to hire more than 100,000 veterans over the next five years out of the goodness of its heart, but that is not necessarily a bad thing. As Matthew Yglesias at Slate notes, “Wal-Mart is anticipating that demand conditions will warrant them adding a fair amount of staff over the … Continue reading
Strikes at Wal-Mart, McDonald’s, Burger King: they’ve just had enough
Over the past week, port workers in Los Angeles went on strike. So did fast food workers from McDonald’s and Burger King. And last month, it was Wal-Mart workers. What gives? It’s a message from workers that they have finally had enough, labor experts say. Having endured a deep recession, when their jobs were imperiled … Continue reading
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