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Monday, October 28, 2013

"Great Job Opportunities" - 52% Of Walmart Workers Make Under $25,000 A Year, But There's More...

On Tuesday, the BLS engrossed in the same frenzy of openly making up data like the Dept of Labor has been with the initial claims data ever since early September when it started upgrading its California "systems" and never finished, announced that while only 140K or so jobs were created in September, nearly 700K full-time jobs were added as over 500K part-time jobs were converted into full-timers. On the surface this is great news... until one actually looks for empirical evidence that this is happening anywhere besides the data manipulating, massaging and fabricating models used by the BLS. And one certainly won't find it at the biggest private employer in the US - Walmart, which just announced that a whopping 475,000 of its employees earn at least $25,000 a year. Great news, right? Sure, until one considers that WMT has over 1 million employees,which means that well over 50% of Wal-Mart's employees make a tiny $25,000 year.



Anonymous said...

This post is offensive to everyone who makes $25,000 a year or less.Whoever wrote it is completely out of touch with mainstream America.MILLIONS of people make that or less.

Anonymous said...

are most of these employees at least high school grads? NO college? what do they expect to earn?

this is not logical that anyone would think a retail store (known for a low pay scale since the beginning of time) would actually expect to be paid higher wages.

in order to get higher wages you must get more education, get on the management track and work yourself up, or start your own business and grow it. by the way; none of this guarantees you to earn more money either.

every time I see a story like this I just have to wonder about the thought processes of the writer and those that agree. you're way off base...

NO Business is charged with seeing to it that you earn enough to support your family. everyone has different needs and circumstances. it's up to each person to be responsible and figure this out for themselves. if you don't have an education and can't support yourself; why would you think you could support a wife and children? just wondering. BE RESPONSIBLE. it's not the employers job to support you. get it???