Thanks to President Biden's trillions in stimmy checks that pay unemployed Americans more for sitting on their ass than having a job, the nationwide job shortage continues to worsen. The service industry has been impacted the most as one fast food restaurant in Illinois offers free iPhones to new hires.
Twitter user "
There was no mention of what type of iPhone, but the fine print stated: "After six months employment & meet employment criteria," the new hire would be rewarded with a new smartphone.
Bragard's tweet went viral with more than a quarter-million likes and 36k retweets.
A McDonald's worker at the Altamont, Illinois location confirmed to Bussiness Insider that the promotion was, in fact, real.
A spokesperson for the company told Insider the fast-food chain was increasing recruitment ahead of the summer. It said individual restaurants offered special promotions and a range of benefits, including pay incentives, such as paid time off, sign-on and referral bonuses, and appreciation pay.
The promotion comes as one McDonald's in Flordia offered people $50 to just show up to an interview. The fast-food industry has been hit the hardest with labor shortages as fewer people are returning to the workforce.
Last month, JPMorgan warned clients of a nationwide labor shortage.
Besides hiring promotions, McDonald's is raising the hourly wages for its employees at corporate-owned locations by 10% over the next several months. This leaves out stores owned by franchisees.
"If you want to look like you're raising wages to $15 an hour, then you should actually raise wages to $15 an hour, for every McDonald's worker in this country, minimum," Rep. Alexandria Ocasio-Cortez said last week.
"We're not buying it. We're not falling for it."
Wage push inflation has a spiral effect - say goodbye to "Dollar Menu" prices.
More or less, soaring labor costs for fast food restaurants will incentivize them to automate to achieve lower costs.
