Remember McDonald's "National Hiring Day" last week? The fast-food giant vowed to extend McJob offers to as many as 50,000 people on April 19. The company ended up hiring 62,000 people, 24% more than they had planned. While that may sound like good news and magnanimous behavior for a multinational corporation in these tough economic times, the knowledge that one million people turned out to apply for jobs flipping burgers at Micky-D's shows just how desperate things remain in the job market. And McDonald's execs decline to say how many of those new positions were full- vs. part-time, but it's a fairly reasonable assumption that only one or two jobs per McDonald's restaurant pay anything close to a living wage.
4.29.2011
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