Workers at top 20 US low-wage firms rely on public assistance, report says

Nearly a quarter of Walmart employees (29.3%) in the Nevada were on Medicaid in 2024, according to the report.
Photograph: David Paul Morris/Bloomberg via Getty Images

Many workers at some of the largest US corporations have no choice but to rely on healthcare and food assistance because of low wages, even as CEO compensation continues to grow, according to a new report released Wednesday.

The report, published by the Institute of Policy Studies, focuses on 20 of the S&P 500 corporations that have primarily US-based workforces and report the lowest median wages of the group.