The Cost of Walmart
A new report tallies the cost to public coffers incurred by Walmart employees who rely on public-assistance programs to supplement their low wages. The report should provide food for thought for any community seeking to attract the retail giant.
"Walmart wages are so low that many of its workers rely on food stamps and other government aid programs to fulfill their basic needs, a reality that could cost taxpayers as much as $900,000 at just one Walmart Supercenter in Wisconsin, according to a study released by Congressional Democrats [PDF] on Thursday," report Dave Jamieson and Saki Knafo.
"Though the study assumes that most workers who qualify for the public assistance programs do take advantage of them, it injects a potent data point into a national debate about the minimum wage at a time when many Walmart and fast food workers are mounting strikes in pursuit of higher wages."
Published on Friday, May 31, 2013 in
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