Public Focus On Inequality May Force McDonald’s To Raise Wages

http://www.popularresistance.org/public-focus-on-inequality-may-force-mcdonalds-to-raise-wages/

"In its annual filing with a US financial regulator, McDonald’s said the long-term trend was "toward higher wages and social expenses in both mature and developing markets, which may intensify with increasing public focus on matters of income inequality". Fast food workers across the US have been demanding that the minimum wage in the sector should be raised to $15 per hour. In December, workers in the fast food industry held strikes in 100 cities across the US. The firm warned that such strikes "can adversely affect us or the suppliers, franchisees and others that are also part of the McDonald’s system and whose performance has a material impact on our results."

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