Francesco Abbruzzino, The Uncensored Report, LLC

 

 

An independent group of McDonald’s franchisees warns higher wages, signing bonuses, paid interviews are no longer working to attract new workers as generous unemployment benefits worsen the labor shortage, according to Business Insider. 

 

The National Owners Association (NOA), an independent, self-funded advocacy group of McDonald’s franchisees, sent a letter to its members Sunday criticizing “hiring challenges on the “perverse effects of the current unemployment benefits.”

The letter pointed to last week’s massive April payrolls employment miss, which consensus expected a whopping 1 million number, and some forecasters calling as high as 2+ million, were shocked with a 266k print.

 

“What’s going on here? When people can make more staying at home than going to work, they will stay at home,” the letter read, which was obtained by Insider. “It’s that simple. We don’t blame them. We fault the system.”

 

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