America’s Ten Largest Employers

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5. Target Corp. (NYSE:TGT)

>Workers: 355,000
>Revenue: $67 billion

Target is the second largest discount retailer in the US, behind only Wal-Mart.  Due to the company’s big-box store format, each of its 1,750 location require a large team of workers.  The number of people who Target employs balloons to 400,000 during its peak season, between Thanksgiving and early December.

4. McDonald’s Corp. (NYSE:MCD)

>Workers: 400,000
>Revenue: $24 billion

McDonald’s is the world’s largest fast food restaurant. According to the company’s website, the firm’s 32,000 restaurants operate in 117 countries, serving more than 60 million people each day. Recently, as an attempt to stimulate the economy, McDonald’s announced its first “national hiring day” on which it began a search for 50,000 new workers. Very few companies can go on a hiring spree and make a legitimate claim to actually improving the national jobless rate.

3. United Parcel Service, Inc. (NYSE:UPS)

>Workers: 400,000
>Revenue: $50 billion

UPS is the world’s largest package delivery company.  The company delivers approximately 15.6 million packages each day in more than 220 countries and territories across the world. The company needs to maintain a high number of employees to operate its 99,800 vehicles and 527 aircraft.  UPS also owns 1,000 customer centers and 4,700 UPS stores.

2. International Business Machines Corp. (NYSE:IBM)

>Workers: 436,000
>Revenue: $100 billion.

IBM is among the largest US companies that employ workers outside the US. A great deal of the firm’s outsourcing and R&D operations are not based in America. Many of its 430 data centers are also located offshore. IBM has a large international sales force to market its scores of products and services. Only about 40% of IBM sales come from North America

1. Wal-Mart Stores Inc. (NYSE:WMT)

>Workers: 2.1 million
>Revenue: $422 billion

Wal-Mart is both the largest private employer in the world as well as the largest company ranked by annual revenue. The next five companies on the global list by sales are all oil firms–Exxon Mobil, Royal Dutch Shell, BP, China Petroleum, and PetroChina. One of the most impressive things about Wal-Mart is that, unlike most other companies on this list, it has only been incorporated for a little over four decades. Wal-Mart’s most rapid growing businesses are outside the US, particularly in China. Wal-Mart’s revenue growth in the US has nearly stopped.

Douglas A. McIntyre & Charles Stockdale