The news out of Chicago is that the jobless will now be able to line up for work at 24 Walmarts across Chicago for a whopping 60-cents more per hour in their paychecks for workers who manage to hold on to their jobs for a full year.
Given Walmart’s monumental employee turn over rate, and incentive to keep workers from reaching that anniversary point, the deal stinks.
The bottom line is it’s all about jobs, jobs, and jobs. CBS 2 has learned that the long-running Big Box Battle in Chicago is just about over. Walmart will be expanding throughout the city.
CBS 2′s Chief Correspondent Jay Levine reports.
Sixty cents an hour is all it took for the store to make its way for more stores in the area. That’s the amount in raises that’ll be due for new Walmart hires that successfully complete one year on the job.
Sources told CBS 2, hold-outs will drop their opposition, unions will back off, and the South Side alderman who’s been pushing for the first Super Walmart in his ward, says ground could be broken for the development in 45 days.
Ald. Anthony Beale (9th) said at noon Wednesday passage seemed uncertain, but by evening it appeared everyone did a 180.
“Walmart has come halfway, the unions have come halfway and I think we finally found that middle ground to let everyone move forward,” Beale said.
I agree that the shift is all about jobs, but it has nothing to do with the projected 12,000 less-than-living-wage offered by Walmart at the 24 planned stores and everything to do with the 2,000 union-scale construction jobs required to build those 24 stores.