Target raising minimum wage to $12 per hour

New York (AP) – Target is raising its minimum starting pay for workers for the second time in less than a year after seeing a bigger and better pool of candidates.

Target, which hiked starting pay to $11 an hour last fall, said all workers this spring will receive a minimum of $12 per hour.

CEO Brian Cornell said Tuesday that Target will offer workers $15 an hour by 2020. He says Target Corp. recorded a significant spike in applicants when it boosted pay, and a better quality of worker, too.

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