Walmart pledges $100 million to boost jobs
Patricia Sellers,
Fortune,
Mar 15, 2015
This story is revealing because of what WalMart says about the initiative as it launches it: "'The education-to-employment system is broken,' says Walmart Foundation president Kathleen McLaughlin... Harvard Business School's Bridge the Gap report details the pressing need: 51% of retailers have trouble filling middle-skills roles." It would also be nice to see the company raise wages further to provide a stimulus for people; there's not a lot of incentive to take training for a $9/hour job, but a return to the days when a person could make a decent living working in a store would be a welcome change in the social landscape.
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