: Walt Disney World workers to get $18 minimum wage under union deal

The unions that represent workers at Walt Disney World said Thursday that they have reached an agreement with Walt Disney Co. DIS that will raise the minimum wage to $18 an hour this year. The agreement comes after almost 14,000 union members rejected Disney’s previous offer in February of a $17 minimum wage, the unions said in a news release. According to the Services Trades Council Union (STCU), which is made up of different unions representing 45,000 theme park workers, there will be a ratification vote on March 29. Representatives from Walt Disney did not immediately return a request for comment.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.