In January, President Obama emphasized the role of retail in job creation during his State of the Union – and retailers heard the call to action loud and clear. As the industry closest to the consumer, it’s no surprise retailer …
Continue reading →In January, President Obama emphasized the role of retail in job creation during his State of the Union – and retailers heard the call to action loud and clear. As the industry closest to the consumer, it’s no surprise retailer and restaurant leaders are the first in line to facilitate an economic comeback.
In recent months, we’ve seen retailers like Gap and Macy’s answer the call. And now McDonald’s will join other industry brands in doing what they can to foster job creation.
As one of America’s favorite fast food restaurants and a supplier of nearly 400,000 jobs in the U.S., McDonald’s has announced plans to hire 50,000 new employees in April – a feat that the company is hoping will spur economic growth nationwide. According to McDonald’s, the April 19 National Hiring Day investment will generate more than $1.3 billion in consumer spending. And that breaks down to quite an impact to our nation’s local communities. State and local economies can expect to see the expected revenue from this initiative translate into an additional increase in spending as follows: