Even McDonald's Knows The Poor Are Being Left Behind In Wage Growth

Even McDonald's Knows The Poor Are Being Left Behind In Wage Growth

In 2017, the top 5 of households saw average income rise to 8.7 higher than pre-recession levels. But among the bottom fifth of the population, average income grew--but still remained 2.7 below pre-recession figures. And that's a problem for fast food chains. According to Business Insider, Wendy's CEO says that lower-income Americans are "not participating in the real wage growth" to the extent that the rest of the United States is.


User: Entertainment (now)

Views: 1

Uploaded: 2018-09-09

Duration: 00:59

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