Almost 1 Million Unemployed Show up for 50K McDonald’s Jobs

Recently McDonald’s decided to have a mass hiring of 50,000 new employees for it’s US based hamburger restaurants some of which will be full-time and some part-time. They actually ended up hiring 62,000 new employees as a result of all the applications they received. Because many of the restaurants are owned by franchisees the wages are not controlled by the company but many of the jobs were estimated to be for more than the nationwide minimum wage of $7.25 / hr. and managers can make up to $50,000 per year.

McDonald’s is the largest employer in the fast-food industry and 70 percent of its managers started out as regular crew members in the restaurants. So even though jobs at McDonald’s are often looked down upon and called “McJobs” the fact is that they do provide an opportunity for those willing to work. Half of McDonalds workforce is made up of  minorities and women and McDonalds’s employs over 700,000 people.  However, the mood in the nation is not good when people  get excited about jobs at McDonald’s which is often derided for the low pay and lack of benefits.

With 12 Million unemployed,  McDonald’s received 938,000 job applicants, or almost 1 Million applications. That is almost 1/12th of the unemployed workforce showing up at a local McDonalds to apply for a job. Unfortunately, only 6.6% of those who applied actually got jobs and at least one well publicized fight broke out. At that rate it is surprising that there weren’t more fights.

 

 

Can't find what you are looking for? Search our site below:

Custom Search

Today’s Headline

Vision

Lessons in Funding for Entrepreneurs

Today's entrepreneurs need to understand all aspects of their industry in order for their business to thrive. This includes financial funding as well as how to … [Read More...]

Latest Unemployment News

BLS_vs_Gallup_Unemployment_2_Jul2015a

Is the Government Fudging Unemployment Numbers?

What is the True Unemployment Rate? Comparing Bureau of Labor Statistics numbers to an Independent Source There has been a lot of talk about the validity of the government generated unemployment … [Read More...]

Employment-2000-Jun-2015

June Unemployment Data

The U.S. Bureau of Labor Statistics (BLS) released the newest unemployment data for June 2015 on the first Thursday of July (rather than Friday due to the holiday).  According to the BLS, the current … [Read More...]

unemployment_rate_May_2015

May Unemployment Data

The U.S. Bureau of Labor Statistics (BLS) released the newest unemployment data for May 2015 on Friday June 5th. According to the BLS, the current “Seasonally Adjusted” Unemployment Rate for May is 5.5% up from … [Read More...]

More Posts from this Category

About Tim McMahon

Work by editor and author, Tim McMahon, has been featured in Bloomberg, CBS News, Wall Street Journal, Christian Science Monitor, Forbes, Washington Post, Drudge Report, The Atlantic, Business Insider, American Thinker, Lew Rockwell, Huffington Post, Rolling Stone, Oakland Press, Free Republic, Education World, Realty Trac, Reason, Coin News, and Council for Economic Education. Connect with Tim on Google+

Speak Your Mind

*