2min chapter

FT News Briefing cover image

The Amazon wage effect

FT News Briefing

CHAPTER

Is Amazon Raising Wages?

In two thousand 18, it introduced a minimum hourly wage of 15 dollars before benefits. This is actually double the federal miniral wage, which hasn't changed for a decade. We're seeing other big corporate chans like warmar, mc donalds, target, also paying 15 dollars an hour. It shows that workers have some leverage rate. And i guess my question is, will this leverage astwe have a very specific situation right now?

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