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Auto industry turnover is less than eight percent a year, largely a result of normal retirements. At Wal-Mart, in contrast, employee turnover approaches 50 percent a year, which means it must be even higher for those hired at an entry-level wage. Turnover at K- Mart is somewhat lower and Costco, which provides even higher wages and benefits, reports a rate of only 24 percent...

Turnover at K- Mart is somewhat lower and Costco, which provides even higher wages and benefits, reports a rate of only 24 percent.

The hours of labor, the very definition of a full workday, constitutes the other great contrast dividing America’s old industrial economy from that of its retail future...

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