With the holidays around the corner, Walmart along with Macy’s and other department stores are preparing their employees to work during the holidays. Walmart alone reports a million associates to work on Thanksgiving Day and Black Friday. More and more stores are jumping on the bandwagon and opening up on the holidays to attract shoppers. The issue here is that the U.S. is the only developed country that doesn’t guarantee paid holidays. Workers in the service sector industry barely even have a choice on either taking the holiday off or working. Nearly 40 percent of retail workers don’t even receive a minimum amount of hours.
Tag Archives: Unemployment
Unfortunately for us, many of our “free trade” agreements have resulted in closed factories, soaring unemployment, and some communities engulfed in misery.
Walmart is the largest American employer with a workforce of 1.3 million people employed in the United States. Unfortunately most of the jobs Walmart has to offer are low-wage jobs and they tend to hire only part-time employees. Although these are a service sector positions, one benefit that Walmart gave it’s employees was that they offered them health insurance, even if they worked only part time. Walmart is now changing that.
Three major cities in the United States are proposing to increase their minimum wage. Mayor of New York, Bill de Blasio, signed an executive order which specifies that on city subsidized projects, workers are entitled to a “living wage” if $13.13 as the minimum from an original $8.75. This would increase the pay of about 18,000 workers in New York. Los Angeles is looking at raising their minimum wage as well.
For over a decade now our economy has struggled. Our middle class is disappearing, and only those in the top 1 percent are seeing any increase in income. According to a recent report from the Organization for Economic Cooperation and Development, income inequality is now back at 1820’s levels. Their report emphasized that this inequality shot up after globalization began.