We've all heard that the average McDonald's job doesn't pay much. And you're right – it doesn't offer compensation that is anywhere near the pay for salaried positions filled by college graduates or skilled workers.
The data we've seen is that the entry-level McJob probably pays a little more than minimum wage. The company and sites that track wages suggest that many of those workers hired today will be making around $8 an hour depending in which area of the country they live.
A full workweek at $8 an hour gets you about $320 before tax withholding. That's $16,000 a year if you take two weeks off during the year for vacation. It's above the poverty line for individuals this year ($11,136 according to the Census), but below the level for a four-person household ($22,314).
So why would anyone want these jobs? Let me make a case.