Wal-Mart will be giving almost all of its more than 1 million hourly store employees a raise next month.

The largest employer in the U.S., Wal-Mart will be hiking its lowest wage to $10 an hour as well as boosting pay for workers who are making above its starting rate.

It's not clear how large the average wage increase will be, but so far the company has said that the raise will amount to at least a 2 percent hike.

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