Facts

Get the Facts on:

The Walmart Economy by the Numbers

Walmart is powerful…

1
Walmart’s rank (PDF) as employer of retail workers and rank in size of private U.S. employers

$408.2 billion
Walmart’s 2010 revenue as the number one Fortune 100 company

But America is paying the price…

196,000
Number of U.S. jobs lost from 2001-2006 as a result of Walmart’s imports from China

11%
Conservative estimate of percentage of Walmart’s share of U.S. Trade Deficit with China

$8.8 million
Cost to Massachusetts (PDF) of Walmart associates using publicly subsidized health care in 2009

$1 billion
Cost to nation if public safety net use by Walmart associates in Massachusetts is adjusted nationwide1

And Walmart associates are paying the price…

$15,500
Average annual salary of a Walmart sales associate (based on an IBIS World figure)

$8.81
Average hourly wage of a Walmart sales associate (based on an IBIS World figure)

46¢
Additional cost per shopping trip for a Walmart customer if the company offered a minimum wage of $12 an hour (PDF)

We can make it better.

1
When UFCW locals and members, Walmart associates, elected officals, religious leaders, small business owners and community allies join together as one, we can make change at Walmart and make change in our communities.

1. Figure is a calculation of the percentage of Massachusetts Walmart associates receiving subsidized care (42%), applied to the 1.4 million associates in the United States, at the cost to Massachusetts per each associate ($1,753.00) receiving aid. Using the data from Massachusetts for 2009 found the percentage of Associates using publicly subsidized care.   Percentage is 42%.  Then applied this to the entire Walmart workforce to determine number of Associates nationally who would receive publicly subsidized care using the rate in Massachusetts.  From the Massachusetts data found the per Associate cost by dividing the total cost of providing subsidized care in MA to Associates by the number of MA Associates receiving subsidized care.  This yielded a per Associate cost of $1,753.  Multiplied that by 42% of Walmart’s total US workforce (1.4 million).  Results in $1 billion.

2. $8.81 per hr x 34 hrs a week x 52 weeks = $15,500

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