Why One Walmart in North Dakota Is Paying $17.40 an Hour

“A Walmart store in Williston, N.D., is offering to pay entry-level workers as much as $17.40 per hour—nearly 2½ times the federal minimum wage—in an effort to compete in one of America’s most dynamic labor markets.  The push for a ‘living wage’ has gained momentum in cities such as Seattle recently. But the historic oil boom in North Dakota has provided real, sustained growth in wages and lowered unemployment in North Dakota to 2.6 percent—the lowest statewide rate in the nation—and to less than 1 percent in Williston, which is near the oil fields in the western part of the state.  Median North Dakota family income surpasses the national average by more than $8,000.”

http://dailysignal.com/2014/06/10/drilling-innovation-forcing-walmart-north-dakota-pay-17-40-hour/

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