That's a Lot of Big Macs!
While McDonald’s CEO Jack Greenberg makes a healthy $7,331 an hour, young people are toiling away, often for minimum wage, which hasn’t even kept pace with inflation. If it did, the federal minimum wage would be at $8.65 an hour, and if it was pegged to productivity, our lowest paid workers would be netting $16.55 an hour.
["Eyes on the Fries: Young People are Coming of Age in the Era of the McJob", by Elana Berkowitz.]
Posted on March 31, 2005 at 19.01 by jns · Permalink
In: All, Common-Place Book, Raised Eyebrows Dept.
In: All, Common-Place Book, Raised Eyebrows Dept.