Would Walmart’s Prices Spike If They Paid Their Employees A Living Wage (VIDEO)

Wally-World

Marketplace and Slate have partnered to create an investigative series entitled The Secret Life of a Food Stamp, Marketplace Wealth & Poverty.

According to Marketplace, “Desk reporter Krissy Clark reports on how big retail chains that employ these workers also themselves take in tens of billions of dollars in food stamps” for the series.

Marketplace reports that in the video below, produced by their series partner Slate, they “estimate how much more Wal-Mart might have to charge for some products, if it raised wages high enough that a typical worker earned too much to qualify for food stamps.”

Slate offers the following note on methodology:

Eligibility for food stamps varies according to income, number of dependents, and other factors. This estimate of Walmart’s potential cost from raising wages is based on wages for a Walmart employee with one dependent working 30 hours a week, a typical retail worker based on federal data.

You can watch the video, below.

 

Samuel Warde
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