Thursday, April 28, 2011

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

This direct from "Zero Hedge" - please follow link to original.

I don't think any comments are necessary -- this is what our "Galtian Overlords"
have reduced us to -- first it was getting "accustomed" to homeless people, now they want to "weaken" child labor laws, next it will be about getting "accustomed" to multitudes of beggars, followed by watching folks starve to death on the streets.

Thank G%d I'm 72 and not 32. Hey, all you 32 year olds -- wait until you're 55 and have been "downsized" -- can't find another job, run through your "retirement account", can't afford to send your kids through college, and discover your "middle class" lifestyle is a sham. I'm sure you will hold on AS LONG AS your health holds out -- then -- GOOD LUCK. Talk to me about Ayn Rand then, you mean spirited A##^&*(#!!
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McDonalds Hires 62,000, Turns Away Over 938,000 Applicants For Minimum Wage, Part-Time Jobs

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:

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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