Marathon Pundit: Wal-Mart to add 22,000 new jobs

Thursday, June 04, 2009

Wal-Mart to add 22,000 new jobs

Good news on the job front from from the world's largest retailer, Wal-Mart.

As Wal-Mart (WMT) opens about 150 new or expanded stores in the U.S. in 2009, the company expects to hire about 22,000 people for new positions. Those positions include plenty of cashiers and stock clerks, but the world's largest retailer will also be adding store managers, pharmacists and personnel workers.

Wal-Mart is holding its annual shareholders meeting on Friday, and employees from its stores around the world are spending the week in Bentonville at company headquarters.

Wal-Mart, still the target of criticism from union-backed groups for its pay and benefits, has improved its health insurance coverage and opened it to full- and part-time employees. The company says 94% of its employees have health coverage, either through Wal-Mart or another family member.