Two New Reports Detail How Walmart Keeps Profits High, Wages Down

April 2, 2015

A new study finds that Walmart’s promised raise for its lowest-paid employees to $9 per hour in 2015 and $10 per hour in 2016, will still require large taxpayer subsidies to compensate for the lowness of Walmart’s wages. Meanwhile a new report from the AFL-CIO finds Walmart is seeking to cut its costs for higher-paid, U.S. high-tech workers by recruiting temporary foreign tech workers at lower wages.

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