McDonald's Improves Job Picture, Future Sales of Insulin

Perhaps hoping to disprove the economic axiom that we cannot make a living by selling each other hamburgers, McDonald’s will today add fuel to the nascent recovery by hiring 50,000 new workers nationwide. How is that possible? Maybe because the chain is the only place people can afford to eat at anymore. In any event, “The new openings are available across 14,000 restaurants and include crew and management positions, part-time and full-time jobs. The average starting wage is $8 an hour, a McDonald’s (MCD, Fortune 500) spokeswoman said.” Welcome to the new McConomy!