Walmart will raise minimum hourly wage to at least $14 for store employees

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Walmart will raise minimum hourly wage to at least $14 for store employees
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Walmart will raise its minimum hourly wage for employees at its U.S. stores beginning next month, the company said Tuesday.

President Joe Biden celebrated the government's first inflation report of the year showing U.S. prices moderated again last month, insisting it's just the latest sign that his economic policies"are working." Walmart will raise its minimum hourly wage for employees at its U.S. stores beginning next month, the company said Tuesday.

Store employee starting pay will be between $14 and $19 per hour beginning in early March, Walmart spokesperson Anne Hatfield told USA TODAY in an email. Those wages are up from $12 to $18 per hour, she said. In addition to regular annual pay increases for associates, the company will make"targeted investments in starting rates for thousands of stores, to ensure we have attractive pay in the markets we operate," John Furner, president and CEO of Walmart U.S., said in a

. He said the company expects its average hourly wage in the U.S. to pass $17.50 as a result of the increases."At Walmart, we know our people make the difference," Furner said."And as you continue to focus on your customers, we’re focused on investing in you – our store associates – through higher wages and new opportunities to gain the skills to serve tomorrow’s customers and grow a career with Walmart.

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