What Walmart is raising means President Biden’s $ 15 minimum wage plan
Walmart Inc.’s undertake to increase their average hourly wage over $ 15 is in the midst of a debate in Washington over whether the federal minimum wage should more than double.
The big box retailer’s goal is politically significant as it is in line with President Biden’s proposal Raise the federal minimum wage to $ 15 an hour from the $ 7.25 per hour that has been around for 11 years. It also comes from the country’s largest private employer with deals in various labor markets across the country.
But Walmart’s Thursday announcement is not a confirmation of Mr. Biden’s plan that is part of it a $ 1.9 trillion Covid-19 aid proposal Democrats in Congress expected to pass through House later this month. The company supports a higher federal …