• From Axios:
"Walmart announced Thursday that the University of Arkansas is among 26 colleges where employees can earn a degree at no cost. The company's Live Better U (LBU) program covers tuition and books for 1.6 million U.S. employees.
About 100,000 Canadian employees also are eligible."
The story notes that ":Walmart hopes access to education will encourage employees to stick around and grow their careers with the company without the burden of debt … The labor market for the retail sector is tight, with nearly 600,000 job openings projected annually on average through 2031, according to the U.S. Bureau of Labor Statistics."
According to Axios, "More than 104,000 Walmart employees have participated in the program during the past five years, of which about 19,000 have graduated — roughly 18%."