Monday, June 06, 2011

McDollar Menu Driving the Job Market?

McDonald's Created Half of All New US Jobs in May

Newsmax, Friday, 03 Jun 2011- The McDonald’s fast-food chain may have been responsible for at least half the jobs created in the United States in May, according to numbers reported by MarketWatch. 

Morgan Stanley calls it the “McDonald’s Effect,” according to MarketWatch’s Washington Bureau Chief Steve Goldstein — an estimate that as many of the 30,000 of the 54,000 jobs added in May were the result of a hiring binge by the hamburger chain, according to The Weekly Standard. [...]

Read more on Newsmax.com: McDonald's Created Half of All New US Jobs in May