Walmart raises minimum wage as retail labor market remains tight

[Yavin4]

16. The number of major businesses relying on low wage workers has exploded.

From retail chains like WalMart, Target, Amazon to food chains like McDonalds, Starbucks, Chipotle to ride sharing service like Uber, Lyft to food delivery services like Instacart and GrubHub, all of these businesses rely on a steady supply of workers willing to work at low wages.

But given demographic trends, these companies are going to be in for a pitch battle to attract workers.