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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.
Walmart is boosting the minimum hourly wage for its U.S. employees to $11 and dishing out bonuses of up to $1,000, crediting President Trump's tax cut for enabling the move. The increase for the nation's largest private employer also comes amid political pressure to bolster minimum wages and comes amid a hot streak for the retailer.