Low-wage, part-time Staples jobs are Romney’s go-to example of job creation ‘success’
Low-wage, part-time Staples jobs are Romney’s go-to example of job creation ‘success’:
Mitt Romney’s America…
Mitt Romney often champions the success of retail chain Staples as one of his main qualifications for the presidency. Here are some facts about the nearly 90,000 jobs Romney likes to say he helped create at Staples:
- 41 percent are part-time jobs.
- Hourly wages for sales associates are less than $9 an hour.
- Retail salespeople make about $20,670 a year, according to the Bureau of Labor Statistics, which is lower than the federal poverty line for a family of four.
- Staples describes its own workforce this way: “Many of our associates, particularly in retail stores, are in entry-level or part-time positions with historically high rates of turnover.”
- Staples has been listed by the National Employment Law Project as one of the 50 largest low-wage employers in the country.
- In 1987, a year after Staples was founded, there were 13,347 office supply stores across the country. Ten years later that number was cut in half, to just 6,178 office supply stores.
- When Staples was founded in 1986, the market share of small and medium-sized sellers of office supplies was 20 percent. By 1998, it had plunged to just four percent.
- The market share of large superstores, meanwhile, shot up from less than one percent to 20 percent during that same period.
Read more about Romney’s job creation record at Staples — including our interview with Staples founder Tom Stemberg — on our website.
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