Americans Are Lining Up To Work For Amazon For $15 an Hour

One of the most important takeaways from Amazon's 2018 fourth-quarter and full-year earnings report, released Jan. 31, had little to do with the usual financial results. Amazon disclosed in the report that it received a record 850,000 work applications for hourly jobs in the US in October 2018 after announcing it would raise its minimum wage to $15 an hour starting Nov. 1. From a report: The company said that was more than double its previous record for job applications received in a single month. Amazon said the new $15 minimum affects more than 250,000 employees in the US and 17,000 employees in the UK (where the increase was 10.50 pound in the London area and 9.50 pound everywhere else), plus more than 200,000 workers who were hired for the holiday season. As of Dec. 31, Amazon had 647,500 full- and part-time employees, up 14% from the same period a year earlier.

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