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Another cool data set would be to show what hourly wage employees are making especially at the ones with dark red colored locations where a Big Mac is over $7.0
by paul7986 3y ago
Another cool data set would be to show what hourly wage employees are making especially at the ones with dark red colored locations where a Big Mac is over $7.00.
- Kon-Peki 3y agoFirst data point: According to this site a Big Mac costs $5.19 at my local McDonalds and I know from driving past it that the starting wage is $15+ per hour.
- diob 3y agoI mean, we already have the big mac index: https://www.statista.com/statistics/274326/big-mac-index-global-prices-for-a-big-mac/ https://www.statista.com/statistics/274326/big-mac-index-glo... I don't think hourly wage is connected much to price given how high up the US is on that list compared to other countries.
- rconti 3y agoThe Axios article linked in another comment shows this data for selected cities. There appears to be a pretty weak correlation. Although there could be other offsetting factors (maybe fewer employees in the high wage areas, more use of the order-yourself screens or something). https://www.axios.com/2022/04/17/mcdonalds-big-mac-inflation-food-prices https://www.axios.com/2022/04/17/mcdonalds-big-mac-inflation...