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McDonalds Hires 62,000, Turns Away Over 938,000 Applicants For Minimum Wage, Part-Time Jobs

Posted By admin On April 29, 2011 @ 3:10 am In Money Watch | Comments Disabled

Tyler Durden
Zero Hedge [1]
April 29, 2011

This is what the US economy has been reduced to: McDonalds reports that as part of its employment event to hire 50,000 minimum wage, part-time (mostly) workers, subsequently raised to 62,000 it received a whopping 1 million applications, or a Tim Geithner jealousy inducing 6.2% hit rate (h/t X. Kurt. OSis). Alas, the US economy is now so pathetic that the bulk of the population will settle for anything. Literally anything. And the saddest part: over 938,000 applicants were turned away. Here’s hoping to Burger King needs a few million janitors in the immediate future too. And yes, aside from reality, things in America are really recovering quite nicely.

From Bloomberg [2]:

McDonald’s and its franchisees hired 62,000 people in the U.S. after receiving more than one million applications, the Oak Brook, Illinois-based company said today in an e-mailed statement. Previously, it said it planned to hire 50,000.

The April 19 national hiring day was the company’s first, said Danya Proud, a McDonald’s spokeswoman. She declined to disclose how many of the jobs were full- versus part-time. McDonald’s employed 400,000 workers worldwide at company-owned stores at the end of 2010, according to a company filing.

Earlier this month, McDonald’s said sales at stores open at least 13 months climbed 2.9 percent in the U.S. after it attracted more diners with items such as beverages and the Chipotle BBQ Bacon Angus burger. The fast-food chain has about 14,000 stores in the U.S. and more than 18,000 abroad. About 80 percent of all McDonald’s stores are franchised.

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McDonalds Hires 62,000, Turns Away Over 938,000 Applicants For Minimum Wage, Part Time Jobs  260310banner2 [4]

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URLs in this post:

[1] Zero Hedge: http://www.zerohedge.com/article/mcdonalds-hires-62000-turns-away-over-938000-applicants-minimum-wage-part-time-jobs

[2] Bloomberg: http://www.bloomberg.com/news/2011-04-28/mcdonald-s-hires-62-000-during-national-event-24-more-than-planned.html

[3] Stock up with Fresh Food that lasts with eFoodsDirect (AD): http://www.efoodsdirect.com/

[4] Image: http://purewaterfreedom.com/

[5] Minimum Wage Hike Could Cost One Million Jobs, CBO Reports: http://www.prisonplanet.com/minimum-wage-hike-could-cost-one-million-jobs-cbo-reports.html

[6] Meet “Smart Restaurant”: The Minimum-Wage-Crushing, Burger-Flipping Robot: http://www.prisonplanet.com/meet-smart-restaurant-the-minimum-wage-crushing-burger-flipping-robot.html

[7] McDonalds No Longer Telling Its Workers To Avoid McDonalds Food: http://www.prisonplanet.com/mcdonalds-no-longer-telling-its-workers-to-avoid-mcdonalds-food.html

[8] Seattle Hikes Minimum Wage to $15 Per Hour: http://www.prisonplanet.com/seattle-hikes-minimum-wage-to-15-per-hour.html

[9] How To Find A Job: Just Be Willing To Flip Burgers And Work For Minimum Wage: http://www.prisonplanet.com/how-to-find-a-job-just-be-willing-to-flip-burgers-and-work-for-minimum-wage.html

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