BEAMSTART Logo

Walmart raises minimum wage as retail labor market remains tight

CNBC LogoCNBC4d ago

Walmart raises minimum wage as retail labor market remains tight - CNBC

Quick Summary:

The nation's largest private employer is raising its minimum wage to $14 an hour for store employees.

Walmart is sweetening other perks to attract and retain employees, too.

About 340,000 store employees will get a raise because of the move, Hatfield said.


More Pictures

Walmart raises minimum wage as retail labor market remains tight - CNBC (Picture 1)

or

Article Details

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2023-01-24 @ 16:26:11 (4 days ago)

News Timezone: GMT -5:00

Ranking: #379 (out of 5563 stories this day)

News Source URL: cnbc.com

Language: English

Article Length: 384 words

Reading Time: 3 minutes read

Sentences: 22 lines

Sentence Length: 18 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CNBC

News ID: 4734252

View Article Analysis

About CNBC

CNBC Logo

Main Topics: EconomyBusiness

Official Website: cnbc.com

Update Frequency: 8 posts per day

Year Established: 2005

Headquarters: United States

News Last Updated: 18 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #5

Publisher Details

Frequently Asked Questions

How long will it take to read this news story?

The story "Walmart raises minimum wage as retail labor market remains tight" has 384 words across 22 sentences, which will take approximately 2 - 4 minutes for the average person to read.

Which news outlet covered this story?

The story "Walmart raises minimum wage as retail labor market remains tight" was covered 4 days ago by CNBC, a news publisher based in United States.

How trustworthy is 'CNBC' news outlet?

CNBC is a fully independent (privately-owned) news outlet established in 2005 that covers mostly economy and business news.

The outlet is headquartered in United States and publishes an average of 8 news stories per day.

It's most recent story was published 18 hours ago.

What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.
  • News ID: #4734252
  • URL: https://beamstart.com/news/walmart-raises-minimum-wage-as-16745781606935

BEAMSTART brings you the latest news, database, and jobs from all around the world on startups, technology, and business. Stay updated with industry news, plug-in to exciting community events, and discover incredible career opportunities with the world's most innovative companies.

© Copyright 2023 BEAMSTART. All Rights Reserved.