FILE IMAGE - Vehicles fill the parking lot of a Home Depot store in Bloomsburg, Pennsylvania. (Photo by Paul Weaver/SOPA Images/LightRocket via Getty Images) ATLANTA - Home Depot said Tuesday it’s investing $1 billion in wage increases for its U.S.
and Canadian hourly workers.The Atlanta-based home improvement chain said every hourly employee will get a raise starting this month.
Starting pay will be at least $15 per hour in all markets.Home Depot is one of many big retailers that have raised pay to attract workers in a strong U.S.
job market, where unemployment is at its lowest level since 1969. Walmart announced in January that it would be raising its hourly wage to an average of $17.50, while Target invested $300 million in hourly wage increases last year.U.S.