Amazon’s move to boost its U.S. workers’ minimum wage to $15 per hour next month could put pressure on large retailers and other employers to follow with similar increases, especially amid a tight labor market where job openings often outnumber applicants.
Employers in areas where Amazon operates warehouse and fulfillment centers like Baltimore may be forced to raise wages to keep and attract workers, economists and other experts said Tuesday. That may be true even in areas without Amazon centers because of the high profile of the world’s biggest online retailer, some believe.
“It’s a very significant move that continues the trend of retailers raising their minimum wages,”...
Amazon.com founder and CEO Jeff Bezos, holding a Kindle, says his team of ¿undersea pros¿ had found the engines that helped launch the Apollo 11 mission.