Walmart (NYSE: WMT) announced that it plans to hire over 50,000 workers by the end of April as it strives to grow its newer businesses, including everything from online grocery to advertising. To keep expanding, the retailer must hire personal shoppers, delivery drivers, data scientists, and more.
In 2021, Walmart hired approximately 5,500 pharmacists and pharmacy managers, over 13,000 pharmacy technicians, and another 4,500 truck drivers. According to Walmart’s latest annual report, Walmart had 1.6 million workers in the United States as of March 2021.
The action comes amid labor shortages within the retail industry following the ongoing pandemic as companies of all kinds struggle to keep and hire additional employees.
“Alongside the health risks, uncertainty and stress of working during a pandemic, many service-sector workers continue to contend with chronically unpredictable and unstable work schedules,” according to a recent report from the Shift Project.
Amid the difficult labor market, Walmart raised employees’ pay to USD16.40 an hour up to USD30 an hour in “select roles and market.”
Despite rising inflation, consumers are expected to continue shopping. The National Retail Federation expects retail sales to rise anywhere from 6% to 8% this year, regardless of the consequences of inflation-fueled prices.
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Walmart Plans to Hire 50,000 U.S. Employees