By the Numbers: Kroger and Walmart hiring

While the economic outlook is grim for most, the grocery and retail giants are adding employees and offering new bonuses.
1:17 | 05/15/20

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Transcript for By the Numbers: Kroger and Walmart hiring
Another tough report on unemployment claims today the two companies they have some good news to share on the jobs front this week let's take a look. By the numbers today Kroger announces hired more than 100000. New workers across its grocery stores manufacturing facilities and distribution centers during a pandemic. That's 20% increase in their workforce in just the last eight weeks with some of those workers coming from restaurants and hotels and of had to let employees go. That workforce boost comes as consumer spending and she were markets is up 25%. From last year according to an industry analyst report. The group says they've spent 700 million dollars just since March on extra pay for associates and for additional safety efforts in their stores. Including making free covic nineteen testing available for their employees who need it. Wal-Mart is also investing more announcing this week it'll pay an additional 390. Million dollars in employee bonuses in late June. We 300 dollars for each full time hourly associate and a 150 dollars for part time or temporary associates had comes on top of 515. Million in bonuses already paid out during the pandemic. The retail giant has also been on a hiring spree. With 150000. New employees brought on board since March and they plan to bring on 50000. More.

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

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