Amazon.com raises minimum hourly wages for all its U.S. employees to $15

The increase in minimum wages will benefit around 350,000 employees in the U.S.

On Tuesday, Amazon stated, starting from November 1, 2018, it will increase its minimum wages to $15 per hour for all of its seasonal, temporary, part time and full-time U.S. employees.

The development comes in the wake of the “Fight for Fifteen” movement, a union-led push for a $15 minimum wage, gaining traction in cities across the country.

The benefit of the minimum wage will be felt by more than 350,000 employees in the U.S., including seasonal ones, said Amazon in a statement.

“We will be working to gain Congressional support for an increase in the federal minimum wage. The current rate of $7.25 was set nearly a decade ago,” said Jay Carney, senior vice president of Amazon global corporate affairs.

In 2017, Target Corp, another retailer, had raised its minimum hourly wage to $11 and had promised to raise it to $15 by the end of 2020; earlier this year, Walmart had also raised its minimum wage to $11 an hour.

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