NEW YORK (AP) — Ikea’s U.S. division is raising the minimum wage for thousands of its retail workers, pegging it to the cost of living in each location, instead of its competition.

The 17 percent average raise, announced Thursday, is the Swedish ready-to-assemble furniture chain’s biggest in 10 years in the U.S.

Recommended Stories

House intelligence and national security hawks suffer major losses in midterm elections

Newsom commutes executions for all 548 California inmates on death row

Left-wing troublemakers are only ‘noise’ due to large majorities: Former Virginia governor