McDonald’s warns of Europe jobs crisis | Americas | BDlive: "DAVID Fairhurst, chief people officer at McDonald’s Europe, said the fast-food chain, which employs 425,000 people in 38 European markets, was already feeling the effects of what he called the "workforce cliff".
"The workforce is shrinking at both ends of the spectrum. There aren’t enough young people coming into the labour market and too many older people are leaving it."
Mr Fairhurst said the shortage of workers would soon have an impact on economic growth, despite the European Union’s (EU’s) unemployment rate of 10.8% of the workforce and a youth jobless rate above 23%."
