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In this case, thereâs good reason to think that Walmart needed to raise wages anyway: Labor markets are tight, and in a number of areas, the company is now contending with locally imposed minimum wages that are already forcing Walmart to raise wages to $11 an hour, or even higher.
She said the pay increase would help the company âremain competitive on wages in US markets.â. The retailerâs announcement comes a week after Walmart said it would boost minimum pay for 500,000 employees nationwide to $9 an hour by April and $10 an hour by February 2016. Clothing retailer Gap raised its minimum hourly wage to $9 last year and plans to boost it to $10 this year.