Retailer Target Corp. is raising starter wages to $13 per hour, marking a continued rise in blue-collar wages amid President Donald Trump’s “Hire American” economic policy.
In 2017, the company predicted it would raise starting wages to $11 per hour. But in March 2018, growing competition for workers forced it to accept another raise to $12 an hour. It is now promising to set the minimum wage to $13 by June, marking a 28 percent increase in two years.
Similar rises are being seen throughout the economy as Trump’s opposition to cheap-labor migration in 2017 and 2018 is forcing investors and CEOs to compete for labor by offering higher wages. The New York Times reported:
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3 comments:
One world government advocates have found hiking wages to unreasonable levels will destroy small businesses which keep us from being forced into the OWG.
Some are getting paid way too much in this economy. Once things slow down they will be the first to go.
"Some are getting paid way too much in this economy" I agree 100% but they will not be the first to go because they are management.
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