By Robert Reich A half century ago America’s largest private-sector employer was General Motors (NYSE:GM), whose full-time workers earned an average hourly wage of around $50, in today’s dollars, including health and pension benefits. Today, America’s largest employer is Walmart (Wal-Mart Stores Inc., NYSE:WMT), whose average employee earns $8.81 an hour. A third of Walmart’s employees [...]
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