23 days ago • Posted by Charles-Henry Monchau
Labor shortage in the US: a McDonald in Tampa is paying people $50 just to show up for a job interview as "it has not been this difficult to hire workers in decades".
One McDonald's in Florida is offering $50 for anyone who comes in for a job interview. The owner of the location said that restaurants are "scrambling for help." and it has not been this difficult to hire workers in decades. So what's going on? At the moment, there are over 100 million Americans who are out of the labor force (of whom just 6.85MM want a job currently, and a record 94 million don't want a job).Simultaneously, JPMorgan warned of a massive labor shortage in the US. However, JPMorgan did not expand on what may be causing this unprecedented schism within the economy but did suggest that the "robust" government stimulus may be keeping workers on the sidelines. Some 17 million Americans remain on jobless benefits. Perhaps many of these people want jobs but are getting paid more to sit on the couch...