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View Diary: The truth about Walmart wages (110 comments)

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  •  Walmart 2011 net income was $15.766 billion (2+ / 0-)
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    tardis10, SpawnOfJerry

    Latest Wal-mart annual report's fine year financial summary is here (pdf).

    This September 2010 article in BusinessInsider reprots WalMart had 1.4 million U.S. employees in 2009 - which means Walmart Employs 1% Of America.

    Assume Wal-Mart now has 1.5 million U.S. employees. Take half of Wal-Mart's 2011 net income, and you could give each U.S. employee EACH an extra $5,255 a year. Not a bad raise for someone making $18,000 to $25,000 a year.

    Wouldn't it be something if the top one percent were forced to work at Wal-mart pay levels for a few years?

    A conservative is a scab for the oligarchy.

    by NBBooks on Wed Nov 21, 2012 at 02:49:42 PM PST

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