Amazon raising minimum wage for US employees

The online giant is raising its minimum wage to $15 for all full-time, part-time and seasonal workers, in time for the holiday season.
1:12 | 10/02/18

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Transcript for Amazon raising minimum wage for US employees
Thank you, robin. Now to breaking news announced moments ago, Amazon is raising the minimum wage for all its U.S. Employees affecting more than 350,000 people. ABC's Diane Macedo is here with more good news if you work for Amazon. It is, indeed. Good morning to all of you. Amazon just announced they are raising the company minimum wage to $15 an hour for all full time, part time, temp and seasonal workers just in time for the holidays. Here's what Amazon senior vice president Dave Clark told us this morning. We evaluated the federal minimum wage of 7.25 and think it's too low. We looked at what other companies have done and we said $15 is the place we want to be so we want to go now. So we decided to launch November 1st just in time for the holiday for all our employees. Maybe the best way to paint the picture, here's the reaction at Amazon in eastville, California, as they made that announcement. The company also says it will have its public policy team advocating for an increase in the federal minimum wage and in the meantime, they're calling on their competitors to do the same so this could have huge impacts. Sure could. Ripple effect. When he said $15 is the place you want to be, I was going to say, load up the truck and move to Beverly, hillbilly, that is is, ginger, seven states are bracing for life-threatening

This transcript has been automatically generated and may not be 100% accurate.

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