Unemployment benefits become target amid hiring difficulty [FOX Business Network]
McDonald's Corporation (MCD)
Last mcdonald's corporation earnings: 4/30 06:58 am
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Source: FOX Business Network
A lackluster jobs report Friday added fuel to efforts in Florida and elsewhere to reduce access to unemployment benefits that some state and industry leaders say have kept people from returning to the workforce. The country is in a striking predicament, with millions unemployed and businesses that can't find enough people to hire at current wages. The mismatch has prompted several states, including Florida, Montana and North Carolina, to tighten reporting requirements to receive unemployment benefits and shut off payments to people who turn down work. In some cases, states are ending access to federal pandemic unemployment payments. The U.S. Chamber of Commerce called for an immediate end to a $300-a-week federal jobless supplement. "The disappointing jobs report makes it clear that paying people not to work is dampening what should be a stronger jobs market," said Chief Policy Officer Neil Bradley. President Joe Biden and Treasury Secretary Janet Yellen defended the jobs repor
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MCD
News
- Starbucks, Chipotle, McDonald's: Who's raising prices in California to pay higher wages [Los Angeles Times (CA)]Los Angeles Times
- 25% Food & Dining Inflation Indicates Recession [Forbes]Forbes
- Dine Brands wants to diversify franchising [Yahoo! Finance]Yahoo! Finance
- McDonald's (MCD) Rises Higher Than Market: Key Facts [Yahoo! Finance]Yahoo! Finance
- McDonald's Co. (NYSE: MCD) had its "outperform" rating re-affirmed by analysts at Evercore ISI. They now have a $330.00 price target on the stock.MarketBeat
MCD
Earnings
- 2/5/24 - Beat
MCD
Sec Filings
- 3/22/24 - Form 144
- 3/22/24 - Form 4
- 3/20/24 - Form PRE
- MCD's page on the SEC website