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McDonald’s to Increase Wages as Job Market Tightens: Live Updates



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Here’s what you need to know: McDonald’s said the entry-level wage for new employees would increase to $11 to $17 an hour, based on the location of the restaurant.Credit…Mike Blake/ReutersCompeting with fast-food chains, restaurants and other businesses for workers, McDonald’s said on Thursday that it, too, will raise wages at some restaurants in an effort to attract employees.The company said it would increase hourly wages for current employees by an average of 10 percent and that the entry-level wage for new employees would rise to $11 to $17 an hour, based on the location of the restaurant.The …

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