Target Raising Minimum Wage to $11 an Hour

Pledges to hit $15 per hour by 2020
By Evann Gastaldo,  Newser Staff
Posted Sep 25, 2017 6:23 PM CDT
Target Raising Minimum Wage to $11 an Hour
This Wednesday, June 29, 2016, file photo, shows a Target store in Hialeah, Fla.   (AP Photo/Alan Diaz, File)

Starting next month, Target will be raising its minimum wage from $10 to $11 per hour; eventually, all US stores will have an $11 minimum wage. In announcing the move Monday, Target also committed to raising its minimum wage to $15 per hour by 2020, CNBC reports. CNBC notes that Target and Walmart have been in a years-long "wage war," and that this latest move puts Target's pace ahead of Walmart's when it comes to raising wages. Walmart has made no changes to its minimum wage since raising it to $10 last year. The federal minimum wage is $7.25; only two states (Massachusetts and Washington) have a minimum wage of $11 per hour. (Read more minimum wage stories.)

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