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 story : Walmart to hire 40,000 employees for the holidays, including permanent truck drivers #FinanceUSA #StockMarketNEWS Shares of Walmart Inc. rose 1.5% in morning trading Wednesday, after the discount

@stockMarketNEWS 11 Days ago

Posted in: #FinanceUSA #StockMarketNEWS

Walmart to hire 40,000 employees for the holidays, including permanent truck drivers #FinanceUSA #StockMarketNEWS
Shares of Walmart Inc. rose 1.5% in morning trading Wednesday, after the discount retail behemoth said it plans to hire 40,000 employees for the holiday season. The new hires will include seasonal store employees, full-time permanent truck drivers and customer-care employees. The company said the average U.S. wage is more than an hour. Walmart has raised employee pay the past several months in many areas, from pharmacy technicians to truck drivers. A year ago, the company had said it planned to hire 20,000 supply chain employees, to work at distribution centers, fulfillment centers and transportation offices, with an average pay of .37 per hours, at a time that many companies struggled with supply chain bottlenecks. Walmart's stock has slipped 6.3% year to date, while the SPDR Consumer Staples Select Sector ETF has shed 7.2% and the Dow Jones Industrial Average has lost 15.0%.


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