The Empty Feeling of McDonald's Pay Raise

There has been surprising news across minimum-wage land: Paychecks are beginning to rise. Earlier this year, Wal-Mart raised its minimum pay to $9 an hour, then Target matched. Now McDonald's has improved on those rates. Starting July 1, McDonald’s will pay at least $1 an hour more than the local minimum wage for workers at the restaurants it owns in the U.S., the Wall Street Journal reported.