McStimulus? McDonald's to Hire 50,000 People in One Day

From FOXBusiness comes the news that McDonald's is poised to hire 50,000 people on April 19. That's right, 50,000.

In other words, that's more than 25 percent of all the jobs that were created in the U.S. in March. By one company. In a single day.

From the report:

"According to a study done by a California State University professor, the McDonalds mass hiring will boost spending by McDonalds and its franchisees by more than $518 million in wages and salaries in the coming year.

The new hires will translate to an addition of $54 million in payroll taxes and generate almost $1.4 billion in annual spending, equaling more than $3.5 million per day, the study showed."