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Current Events => Economics => Topic started by: thundley4 on June 04, 2009, 08:07:18 AM

Title: Wal-Mart says it will create 22,000 jobs in 2009
Post by: thundley4 on June 04, 2009, 08:07:18 AM
Quote
BENTONVILLE, Ark. – As Wal-Mart Stores Inc. opens about 150 new or expanded stores in the U.S. in 2009, the company expects to hire about 22,000 people for new positions.
Those positions include plenty of cashiers and stock clerks, but the world's largest retailer will also be adding store managers, pharmacists and personnel workers.
Wal-Mart is holding its annual shareholders meeting on Friday, and employees from its stores around the world are spending the week in Bentonville at company headquarters.
Wal-Mart, still the target of criticism from union-backed groups for its pay and benefits, has improved its health insurance coverage and opened it to full- and part-time employees. The company says 94 percent of its employees have health coverage, either through Wal-Mart or another family member.
"At Wal-Mart, we offer competitive pay and benefits and real opportunities for our associates to advance and build careers," Wal-Mart Vice Chairman Eduardo Castro-Wright said. "Job creation is just one way in which we're working hard every day to help people across this country live better."
Link (http://news.yahoo.com/s/ap/20090604/ap_on_bi_ge/us_wal_mart_jobs)

How long will the left continue to demonize Walmart?  Studies have shown that when a Walmart moves into an area, there is a net benefit for the locality as to higher employment and lower cost for residents. Yet we still hear about liberal bastions denying Walmart the right to build in certain areas and usually it's because of liberal/union protests.

It's time for these anti-Walmart activists to admit the truth. The unions are against Walmart, not just because of their lower wages and lack of insurance benefits, but it's the unions that are losing the money from not getting the union dues.
Title: Re: Wal-Mart says it will create 22,000 jobs in 2009
Post by: Eupher on June 04, 2009, 09:02:07 AM
In the current recession, Wal-Mart is one of the very, very few retailers that is doing quite well.

Women are deciding they can do without a brooch from Macy's after all, and men avoid buyin' bullets at Bass Pro Shop.
Title: Re: Wal-Mart says it will create 22,000 jobs in 2009
Post by: rich_t on June 04, 2009, 07:29:33 PM
In the current recession, Wal-Mart is one of the very, very few retailers that is doing quite well.

Women are deciding they can do without a brooch from Macy's after all, and men avoid buyin' bullets at Bass Pro Shop.

Hell, I have two super Walmarts within 10 miles of my house.  They can't keep enough ammo on the shelves to keep up with demand.

I do a lot of shopping at Walmart.  Screw the unions.  They are damaging every industry they are currently involved in IMO.
Title: Re: Wal-Mart says it will create 22,000 jobs in 2009
Post by: Hawkgirl on June 04, 2009, 07:52:09 PM
Today, Walmart was supposed to announce their earnings..instead, they held back, but announced this job creation.
I'm not sure why they'd hide their earnings...if they were indeed profitable this past month.


I've been shopping for stocks, and bought some up anyway....despite this because I feel during a 'recession' people flock to places with lower prices.
Bought some more gold stock as well as I've had a 200% increase in one of my stocks in less than 6 months.
Title: Re: Wal-Mart says it will create 22,000 jobs in 2009
Post by: Lord Undies on June 04, 2009, 10:28:18 PM
walmart must have secretly gone union and gotten a government bailout.  Unregulated capitalism does not work.
Title: Re: Wal-Mart says it will create 22,000 jobs in 2009
Post by: Hawkgirl on June 05, 2009, 12:54:21 AM
walmart must have secretly gone union and gotten a government bailout.  Unregulated capitalism does not work.

If that's true, I'm out...They will HAVE to raise prices if that's the case and will no longer offer the same sales we see now.
Title: Re: Wal-Mart says it will create 22,000 jobs in 2009
Post by: NHSparky on June 05, 2009, 07:41:06 AM
Hell, I have two super Walmarts within 10 miles of my house.  They can't keep enough ammo on the shelves to keep up with demand.

I do a lot of shopping at Walmart.  Screw the unions.  They are damaging every industry they are currently involved in IMO.

With the exception of some 12 and 20 gauge birdshot rounds and ONE box of .270 ammo, our local Wally World had NO AMMO.  No pistol, no rifle save the above mentioned, no 00-buck or BB.