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McDonald’s is raising the hourly wages for its U.S. company-owned restaurants by an average of 10%.

Questions:

  1. With this new raise at company-owned restaurants, how many workers does McDonald’s purpose to hire?
  2. With respect to the restaurant business, in general, why is McDonald’s doing this?
  3. What other fast-food restaurant, mentioned in the article and video, is also raising wages?
  4. How does this announcement impact McDonald’s franchisees?

Source:

Lucas, A. (2021). McDonald’s raises hourly wages for company-owned restaurants. CNBC.com, May 13 (Retrievable online at nbc.com/2021/05/13/mcdonalds-raises-hourly-wages-for-company-owned-restaurants.html)