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Walmart, the world's largest retailer (and America's largest private employer), occupies a rather strange place in the business landscape: a technologically innovative company with a down-home reputation – a low-wage, low-benefit employer that prides itself on a family atmosphere. Walmart masks the lousy working conditions that make its profits with its particular form of market populism: millions of "Walmart moms" can't be wrong for wanting to "save money, live better", can they?
Alongside the everyday low prices, Walmart shoppers in Landover Hills, Maryland, might encounter Gail Todd. A mother of three who works there as a sales associate, Gail would like to work full time but has recently seen her schedule cut to as few as 12 hours a week. She has no idea how much she’ll end up making this year; even when she was working closer to full time, she expected to bring home just $17,000. Currently she and her family depend on D.C.’s public health care system, food stamps and low-income housing to stay afloat.
Even at the mall or a discount store, where women are courted and catered to, they are paid less than men. Women in US retail jobs earn on average $4 an hour less than men, or 72 cents for every dollar men make, according to a new report by Demos, a liberal nonprofit public policy organization. The overall pay gap for women in the US is around 80 cents.
NEW YORK, NY— A new report by the national public policy organization Demos reveals prevalent business practices in the retail sector such as low pay, erratic scheduling and scarcity of basic benefits are keeping millions of hard-working women and families near poverty.
In recent days the Detroit Water and Sewerage Department, often working through independent contractors, has started cutting off service to up to 120,000 delinquent citizens, while giving a pass to major corporate laggards. The Great Recession has crushed the people of Detroit, with unemployment rates soaring as high as 35 percent in this period. At the end of 2013, 47 percent of the mortgages were still under water. They simply cannot pay. How could such draconian measures be justified?
In the coming days, you will be hearing a lot about working women. Not the women leaning in, not the women opting out, but the working women living in or near poverty.
An industry that’s one of the largest employers of women and one of the fastest job creators in the country also has a huge pay gap. The average female retail salesperson makes $10.58 per hour, while her average male colleague makes $14.62, according to a new study from Demos, a think tank focused on income inequality.
The left and right will never agree on many economic questions -- like how government can best stimulate growth -- but when you get down in the weeds there are places for a real conversation. At least with a smart guy like Michael Strain, who's a resident scholar at the American Enterprise Institute and the author of a chapter on reducing unemployment in the new conservative manifesto, Room to Grow.
At the McDonald’s annual shareholder meeting on May 22, CEO Don Thompson claimed that his company “has a heritage of providing job opportunities that lead to ‘real careers.’”