Sun 18 Jun 2006
Wal-Mart’s Role in the Global Economy
Posted by admin under Issues
Wal-Mart is the world’s largest retailer.
Of the 100 most powerful economies in the world, Wal-Mart ranks #19.
Wal-Mart’s Success Comes at a Cost to Employees In the form of ; poverty wages
In 2003, sales associates, the most common job in Wal*Mart, earned on average $8.23 and hour for annual wages of $13,861. The 2003 poverty line for a family of three was $15,260.
50% of Wal-Mart employees qualify for food stamps.
The majority of Wal-Mart employees work part time and do not qualify for benefits.
