business news in context, analysis with attitude

• The Associated Press reports that new diversity figures reported by Wal-Mart show that there was some small improvement in the retailer’s hiring practices.

“Women made up 60.9 percent of Wal-Mart's employees last year, compared to 60.5 percent the year before,” the story says. “Minorities were 33.1 percent versus 31.8 percent, including blacks at 17.5 percent, up from 16.8 percent. Hispanics accounted for 11.4 percent, compared to 11.2 percent in 2005. The rate for Asians was 3.1 percent versus 2.7 percent in 2005. Native Americans were barely changed at 1.2 percent after 1.1 percent the year before.”

Bloomberg reports that Wal-Mart has “lost a bid to halt a union at a Canadian store after the country's highest court declined to hear an appeal that would have delayed the process.” The Supreme Court of Canada refused to hear Wal-Mart’s appeal of a Saskatchewan lower court ruling that allowed the unionization process to go ahead.
KC's View:
If Wal-Mart runs true to form, those unionizing workers better get their resumes together…because that store is very likely to be closed down any day now.