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Friday, September 04, 2009
Wal-Mart, Dark Over-Lords of the Universe
Hat-tip: Chris Kromm and the Institute for Southern Studies:
Rank of Wal-Mart among the largest private employers in the U.S.: 1
Rank of Wal-Mart among the world's largest retailers: 1 [source: same as above]
Profit made by Wal-Mart last year alone: $13 billion
Amount Wal-Mart earns in profit every minute: $34,880
Accumulated wealth of the Walton family that owns Wal-Mart: $158.4 billion
Rank of the Waltons among the world's richest families: 1 [source: ibid.]
Number of U.S. residents who visit Wal-Mart each week: 150 million [source: ibid.]
Number of workers Wal-Mart employs in the U.S.: 1.4 million [source: ibid.]
Percent of Wal-Mart's U.S. employees who do not have health insurance coverage through the company: 52
Average percentage of employees at large U.S. companies who are covered by company health insurance plans: 65 [source: ibid.]
Percent of Costco's employees who receive health insurance through the company: 85
Percent of their income average full-time Wal-Mart employees pay for the company's least expensive insurance plan: 20 [source: ibid.]
As of 2005, percent of Wal-Mart employees who got assistance from Medicaid, a public insurance program for the poor: 5
National average among employers: 4 percent [source: ibid.]
As of 2005, percent of Wal-Mart workers' children who were on Medicaid: 27 [source: ibid.]
National average among employers: 22 percent [source: ibid.]
Number of petition cards being distributed by a coalition of Wal-Mart workers, community leaders and activists that say, "I think Wal-mart should stop forcing taxpayers to cover its workers' health care": 50,000
Date on which a coalition of labor, environmental and community groups launched an initiative to hold Wal-Mart accountable for how it treats workers: 9/1/2009
Labels: health care, Wal-Mart Corp.