Member access

4-Traders Homepage  >  Shares  >  Nyse  >  Wal-Mart Stores, Inc.    WMT   US9311421039

SummaryQuotesChart AnalysisNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll news 

Wal Mart Stores : Statement by AFL-CIO President Richard Trumka on Walmart's U.S. Manufacturing Summit

08/15/2014 | 05:20am US/Eastern

WASHINGTON, Aug. 14 -- The AFL-CIO issued the following news release:

In response to Walmart's U.S. Manufacturing Summit, which convenes today in Denver, AFL-CIO President Richard Trumka issued the following statement:

"It's about time Walmart figured out that America's workers are the most qualified and the best skilled at getting the job done. For decades, Walmart has led the charge on outsourcing and a global race to the bottom.

But workers will not benefit from a Walmart-ification of our manufacturing sector. Jobs in the Walmart model won't restore America's middle class or build shared prosperity given the company's obsession with low labor costs and undermining American labor standards. And the company's 'commitment' to American manufacturing is meaningless unless it actually increases the proportion of its products that are American-made.

This initiative seems like an attempt to change the conversation from the need for Walmart to improve jobs for its 1.4 million retail workers in the United States. If Walmart is truly committed to rebuilding the American middle class, it can start with its own workers, most of whom make less than $25,000/year and struggle to make ends meet.

Walmart should use its two-day summit to prove the company is committed to real and substantive change and an end to corporate whitewashing."

[Category: Union]

TNS 24HariCha-140815-30FurigayJane-4829214 30FurigayJane

(c) 2014 Targeted News Service

React to this article
Latest news on WAL-MART STORES, INC.
4h ago WAL MART STORES : Minimum wage now in need of a major review
6h ago Walmart to install up to 400 solar projects
7h ago WAL MART STORES : Cushing man gets six months in jail for exposing himself at Wa..
7h ago SOLARCITY : Signs Multiyear Solar And Energy Storage Deal With Walmart
10h ago WAL MART STORES : IcyHot and Shaquille O'Neal Partner
10h ago Walmart Selects SolarCity (SCTY) and SunEdison (SUNE) for Massive Solar Proje..
11h ago SOLARCITY : Enters Solar Installation Contract with Walmart (WMT)
11h ago SOLARCITY : Wal-Mart Signs Solar Installation Agreement with SolarCity Corp
11h ago WAL MART STORES : Walmart to install up to 400 more solar PV systems over the ne..
1d ago Walmart announces huge solar project
Advertisement
Chart
Duration : Period :
Wal-Mart Stores, Inc. Technical Analysis Chart | WMT | US9311421039 | 4-Traders
Income Statement Evolution
More Financials
Dynamic quotes  
ON
| OFF