Amazon CEO: 'It's High Time' Government Ups Minimum Wage
"I don't know the exact number, but below $7.50, to me, feels very wrong," Amazon CEO Andy Jassy said in an interview with CNBC Squawk Box.
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"I don't know the exact number, but below $7.50, to me, feels very wrong," Amazon CEO Andy Jassy said in an interview with CNBC Squawk Box.
Earlier this month, an Amazon warehouse in Staten Island, New York voted to unionize. The retailer has waged a lengthy anti-union campaign.
While UBS says it's "too early to declare pro unionization a trend," businesses are taking notice of high-profile worker wins at Amazon and Starbucks.
Union organizing efforts at companies such as Starbucks and Amazon has resulted in a larger push for unions at more progressive workplaces, outside of the typical factory and construction workforce.
Unionization is on the rise in the US, with the NLRB reporting that nion representation petitions filed at the NLRB have increased 57% when compared to the first half of fiscal year 2021.