Monday, April 4, 2011

McDonald's (MCD) Set to Hire 50,000 on April 19th

Good news, bad news on this one.  As store traffic picks up and more stores go to 24/7 hours, McDonald's is set to hire 50,000 Americans, or roughly 3-4 per store.  Obviously the quality of these jobs is not the highest, but it should help to bump up the employment figures in April as it appears everyone will be hired on the 19th.  Once more we are seeing some quantity of jobs return, but the quality leaves much to be desired in the American 'service economy'.  [Feb 3, 2011: CNNMoney - Jobs Coming Back, but the Pay Stinks!]  Average pay $8.30 an hour which comes to about $17K a year (and that includes the managers set to be hired at far higher pay)... but Wall Street will surely surge on the 'better than expected' jobs figures about a month from now.

Via CNNMoney:

  • McDonald's said Monday that it is planning a one-day hiring spree of 50,000 new workers on April 19 for its U.S. restaurants.   McDonald's  said that these new "Mcjobs" will include crew and management positions, part-time and full-time.  
  • McDonald's, which has 14,000 restaurants in the United States, said the hires will occur nationwide. "We're excited to offer 50,000 new jobs, all across America, all in one day," said Jan Fields, president of McDonald's U.S.A.
  • .....said the 50,000 new hires will increase the U.S. workforce to 700,000 from its current level of 650,000.
  • She said the average pay for the jobs is $8.30 an hour. That's compared to the federal minimum wage of $7.25 an hour, though in some states the minimum wage is higher. She said that restaurant managers can make $50,000 a year.
No position

    Disclaimer: The opinions listed on this blog are for educational purpose only. You should do your own research before making any decisions.
    This blog, its affiliates, partners or authors are not responsible or liable for any misstatements and/or losses you might sustain from the content provided.

    Copyright @2012