VERSIONS: روسيا اليوم NOTICIAS FREEVIDEO ИНОТВ RTД
breakingnews
Go to main page   USA   News   McDonalds turns away more applicants than Harvard  
MORE ON THE STORY
14.02.2011, 20:18 5 comments

Obama budget attacks poor, middle class Americans

After maintaining the Bush era tax cuts for the wealthy, US President Barack Obama plans to cut programs which aid those most in need.

Image from brazilianhistory.blogspot.com 08.04.2011, 19:27 1 comment

Support for free market falls in US, rises in China

Following the financial crisis and ongoing economic distress, American support for the free market is collapsing, which support is growing in nations like China and Brazil.

08.03.2011, 01:21 1 comment

Tearing down the American dream

When it comes to the American Dream, visions of white picket fences are front and center. But for decades, those fences have been propped up by the government, largely through Fannie Mae and Freddie Mac.

Los Angeles, USA 28.03.2011, 23:37 4 comments

Main Street America is rising up

Drawing their inspiration from Egypt and Wisconsin, nearly 10,000 union supporters clogged the streets of Los Angeles to let it be known they will not stand for what they call an attack on the middle class.

US corporations use loopholes to evade taxation. 09.04.2011, 01:04 5 comments

Screwed by corporate America

General Electric is one of America’s oldest corporations. It fuels the economy with innovation, with jobs and even with wind. But it turns out, not with taxes.

George Soros, founder and chairman of the Open Society Institute and a billionaire investor (AFP Photo / Spencer Platt) 10.04.2011, 04:14 8 comments

George Soros looks to establish new global finance system

A new global economic policy is on the table at a meeting in the American town of Bretton Woods. Economists, finance experts and scholars from across the world are gathered at the conference, held by billionaire George Soros.

Activists march through city streets while protesting a Wisconsin  Republican fundraiser March 16, 2011 in Washington 17.03.2011, 22:58 2 comments

American unrest descends on Washington

Unrest that began in Wisconsin has arrived in Washington. Workers and activists took to the streets and expressed their frustration over the economy, the US government inaction and the widening wealth gap.

03.03.2011, 01:18 4 comments

Growing food crisis splits the US

America is the land of plenty, but these days that plenty is only reaching a few, with the country split into two different ‘Americas.’

15.02.2011, 22:39 1 comment

Rising food prices inspire outrage in the streets

The massive Egyptian protests that ended Hosni Mubarak’s three-decade-long rule drew millions into the streets, but it may have started at the kitchen table.

Whitehouse photostream 15.02.2011, 20:03 2 comments

Record US deficit to leave many hopeless

Obama’s new budget not only hinders the poor, it sets the deficit at its biggest share of the economy since 1945.

McDonalds turns away more applicants than Harvard

Published: 05 May, 2011, 21:25
Edited: 06 May, 2011, 00:43

McDonalds turns away more applicants than Harvard.

McDonalds turns away more applicants than Harvard.

TAGS: Crisis, Politics, USA, Employment, Economy


Harvard accepts about 7 percent of applicants. At a recent "National Hiring Day" McDonalds accepted only 6.2 percent, according to CBS2Chicago.

The US economy is a nightmare for anyone in the Middle Class seeking work or trying to survive daily expenses. At one point in time McDonalds was a standard fall back plan for many. Today, not even applying at fast food establishments guarantees you a job.

In 2010 only about 66 percent of Americans held a job, according to USA Today. It's the lowest level on record in American history. For those who do have jobs, many earn very little. A research by The New America Foundation revealed that the number of low-income jobs has risen dramatically, now accounting for over 41 percent of all jobs in the US. Decent paying jobs in America are disappearing.

The Wall Street Journal estimated that 5.5 million Americans remain unemployed and off unemployment benefits. That number does not included Americans who are unemployed and receiving minimal government assistance.

Many US households are actually receiving more in government aid than they pay in government taxes as 59 percent of America’s people receive government aid in some form.

The United States has lost approximately 7.25 million jobs since 2007, including about 50,000 manufacturing jobs since 2001 – when China joined the World Trade Organization, according to Forbes.

On top of employment woes, costs to the average American are continuing to rise. The average cost of a gallon of gas is hovering around $4.00, and is higher in many regions. The price of gas has jumped 30 percent in the past 12 months reports CNN Money. Energy prices overall have risen – including heating and lighting one’s home which now accounts of 6 percent of all consumer spending. When US energy costs rise, a new recession often follows.

Over 20 percent of children living in America live in poverty, as compared to Western Europe where the rate is typically under 10 percent. The number of impoverished children in America has risen by 2 million in just 2 years, according to the U.S. Census.

Those who can afford college often graduate with heavy debts, as the cost of a college education has increased by 900 percent since 1978, writes benzinga.com. Two thirds of US graduates enter their professional lives deep in debt, and with poor employment prospects mammy end up working remedial jobs that do not require an education. On top of student debt, total American credit card debt is now eight times greater than it was 30 years ago. Even Board of Governors of the Federal Reserve System had to admit it.

In stark contrast, the wealthiest 1 percent of Americans now own over a third of all wealth in the United States while the poorest 50 percent own a mere 2.5 percent of the wealth, according to the Working Group on Extreme Inequality. Income inequality is depending.

Bills are piling up; heath costs skyrocketing, home sales falling and prices reigning. America’s middle class is suffering with no sign of positive change in the horizon.

The US government continues to cut programs aimed at helping poor and middle class families. State governments are faced to balance budgets and are ending long held programs which offered assistance to lower income earners.

Meanwhile US defense spending and overseas war costs have skyrocketed with no sign of cuts. Foreign aid to other nations and costs of war are dwarfing the costs needed to sustain the US domestically, yet little is being done to support Americans at home.

The federal government doles out money to Pakistan, Afghanistan, Iraq and others; but, Joe the shop owner on Main Street receives nothing to keep his livelihood going.

The US is currently running a massive deficit and unable to care for its own people. Yet, the State Department manages to send financial assistance to Russian NGOs. Ironically, the Russian government is not running a deficit.

Many are questioning why the US actively funds and supports the people of other nations, but neglects to care for its own taxpaying citizens. As Americans suffer, NGOs in Russia, military operations in Pakistan, civil service programs in Iraq and political groups in Latin America all benefit from American tax dollars taken from the people who cannot find work, cannot afford to buy a home and often find themselves living unable to provide fully for their families.

+9 (11 votes)
 
Back to top
next MORE NEWS
US, Los Angeles: An immigrant woman marches to demand legalization for all immigrants and to stop deportations and the attacks on workers in Los Angeles, California on May 1, 2011. (AFP Photo / Gabriel Bouys) 05.05.2011, 20:32 10 comments

Immigrant entrepreneurs fleeing America

Faced with challenges and a dwindling US economy, immigrants who came to America with big ideas and true business savvy are packing up and leaving as foreign markets begin to prosper.

Image from wallingfordteens.blogspot.com 06.05.2011, 00:35 4 comments

America’s Electoral College: Time for it to go?

Is it time for America to scrap the Electoral College system. Critics argue the system prevents Presidents from being elected by a true majority and that changes are needed.

AgreeToDisagree July 25, 2011, 00:36
0

Thats because MacDonalds has to PAY the applicants later. Considering that Harvard fees are 10 to 100 times more than MacDonalds' this %tage comparison is quite meaningless and probably to detract from the REAL issues at hand. Cost of education and inequitable distribution of profits made by MacDonalds without the applicants that run it, MacDonalds and it's employees would make no profits at all. How about a MacDonald's strike, and a costly University application boycott? Put that money aside and forget about 'Big Society' which doubtless only enriches nepotists and oligarchs.

js May 30, 2011, 20:51
0

Ideologized selection currently seems like a cancer of many systems. Here in Germany, McDonald's is known to choose dependent on your photo - if you look "young, dynamic & innovative", then you're fine. You know this copied "neocon/-liberal" ideology hopelessly overexaggerated in Europe, which seems to turn Western business etiquette intolerant and racist to some extent, while blatantly claiming cultivated openness and exchange.

To label others "socialist" or "somehow different" became "what one simply has to do" for career and "how life works somehow, dude" lol, the main decision criteria by usually too young and indoctrinated job recruiters. In a way, McDonald's and alikes' discriminatory selection process justifies to throw away a lot of young resources in Europe, because who doesn't even get a job there must seem like a worthless person, and the slighest gab in a CV today means long phases of unemployment.

How's that in Russia? So far we heared from German Russians, it's different, but also a certain problem (status symbols like expensive shoes making career-bitches look superior). As to comparison Europe/US, considering the unrealistically lowered German numbers, statistics seem more accurate, overseas.

mom May 07, 2011, 01:05
+1

I am glad someone wrote about this.  It's sad that when you are out of work and have tried everything and you get rejected at places because you have too much education...or not enough experience.  I know that lots of countries lately have had a lot happen that is really unfortunate, but when we are barely surviving at home, we need to not be so..generous about adding to our deficit. There should be an easy way of saying "I'm sorry, but we can't help."