Why McDonald’s is hiring 250k senior citizens

Subscribe for your daily dose of unconventional business news 🚀

Please provide a valid email address.

On Wednesday, McDonald’s announced its intentions to fill around 250k summer jobs ranging from cashiers to shift managers — by recruiting Grandma and Grandpa.

Why McDonald’s is hiring 250k senior citizens

The fast-food behemoth is scouting elderly talent with posts on the American Association of Retired Persons (AARP) job board.

While we’d love to attribute this to the goodness of Ronny McD’s greasy, chicken-nug-shaped heart, there’s another reason for the move: For the first time in nearly 2 decades, the number of available jobs has surpassed the number of available workers.

In other words, we’ve got a labor shortage on our hands.

This trend is partly driven by older folks

While the percentage of teens (16 to 19) working summer jobs has fallen from more than 50% to 35% in the past 20 years, the 65+ crowd is the fastest-growing segment of the workforce.

Topics:

Elderly

Franchise

Related Articles

Get the 5-minute news brief keeping 2.5M+ innovators in the loop. Always free. 100% fresh. No bullsh*t.

Please provide a valid email address.

We're committed to your privacy. HubSpot uses the information you provide to us to contact you about our relevant content, products, and services. You may unsubscribe from these communications at any time. For more information, check out our privacy policy.

This form is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.