McDonald’s, Minimum Wage and the March Jobs Report


The Bureau of Labor Statistics released the March jobs report this morning, revealing a slowdown in hiring much larger than anticipated. Only 126,000 jobs were added — about half of what economists were predicted. The good news is hourly earnings rose slightly, beating expectations. That indicates the labor market is tightening — to attract employees, businesses have to pay more. Today, Miriam Sitz started her morning at a restaurant in Harlem to see how jobs report numbers play out in real life. She went to McDonald’s on 125th and Broadway.

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