September 11, 2013
Arin Dube has an interesting post on how people with college educations are increasingly turning to fast food restaurants for employment. This is highly correlated with state unemployment rates.
The story is that after going long enough being unable to find better jobs, these workers turn to fast food restaurants as a last resort. This means the fast food industry is getting an unusually skilled workforce. These college educated workers are probably for the most part displacing less educated workers, but there are likely cases where fast food restaurants take advantage of the availability of better educated workers to hire more people than they would otherwise.
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