• Space/Science
  • GeekSpeak
  • Mysteries of
    the Multiverse
  • Science Fiction
  • The Comestible Zone
  • Off-Topic
  • Community
  • Flame
  • CurrentEvents

Recent posts

"Cancel culture" podrock September 3, 2025 8:32 am (CurrentEvents)

He should know better. ER September 1, 2025 8:20 pm (Space/Science)

Clare Torry RobVG August 26, 2025 7:42 pm (Off-Topic)

Lateral Thinking BuckGalaxy August 23, 2025 11:57 am (Off-Topic)

SNW: The Finest Frontier BuckGalaxy August 23, 2025 12:20 am (Science Fiction)

There's more than Floyd RobVG August 20, 2025 12:24 am (Off-Topic)

Existing instrument on Mars Curiosity Rover could be used to detect life BuckGalaxy August 18, 2025 12:48 pm (Space/Science)

Trump grovels BuckGalaxy August 17, 2025 12:43 pm (CurrentEvents)

Alien:Earth RobVG August 16, 2025 1:44 pm (Science Fiction)

"Project Hail Mary" RobVG August 14, 2025 11:12 am (Science Fiction)

The July numbers (Edited 8/13) ER August 11, 2025 3:48 pm (Space/Science)

Houston, we have a problem BuckGalaxy August 8, 2025 2:50 pm (Space/Science)

54,000 new jobs. Half of them hamburger flippers? June 3, 2011 2:46 pm TB

A short analysis by Marketwatch:

Tell: What’s the McDonald’s effect?

SG: McDonald’s ran a big hiring day on April 19 — after the Labor Department’s April survey for the payrolls report was conducted — in which 62,000 jobs were added. That’s not a net number, of course, and seasonal adjustment will reduce the Hamburglar impact on payrolls. (In simpler terms — restaurants always staff up for the summer; the Labor Department makes allowance for this effect.) Morgan Stanley estimates McDonald’s hiring will boost the overall number by 25,000 to 30,000. The Labor Department won’t detail an exact McDonald’s figure — they won’t identify any company they survey — but there will be data in the report to give a rough estimate. There’s a case to be made for the benefit of fast-food restaurant employment, but it’s obviously not the foundation for sustained economic growth.

  • Ten bucks says these same people lose their jobs before the year is out. by VelociraptorBlade 2011-06-03 18:26:32
    • McDonalds does have a very high turnover rate, but not from losing jobs. It's from people finding better ones. ... by TB 2011-06-04 08:31:08
      • The traditional entry-level job for young men when I was in my late teens and early twenties was construction (if ... by ER 2011-06-04 09:18:04
        • Out in the midwest, at least in the small town where I lived, entry-level was agricultural grunt work. I ... by TB 2011-06-04 09:30:15
          • Bingo. Government policies may play some role, especially in the short term, but in general, our economic problems are ... by ER 2011-06-04 10:04:38
            • I still have a lot of confidence in people's ability to create new industries and jobs. While a lot ... by TB 2011-06-04 10:20:04
              • Yes, as soon as us old farts hurry up and die off so all the young dudes can take over. ... by ER 2011-06-04 11:19:08
                • U.S. fertility peaked in 1957. A lot of what we're seeing now may be due to immigration and descendants ... by TB 2011-06-04 11:52:45
      • The carbon units are interchangeable, replaceable and disposable. Welcome to the Machine. by ER 2011-06-04 05:48:23

      Search

      The Control Panel

      • Log in
      • Register