Eggs have become a symbol of recent (and relentless) inflation — they rose an eye-popping 11.1% in November and are up a whopping 59.9% over the past 12 months, according to the consumer price index. And it seems like there will be fewer Easter eggs in 2023.
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Experts say an avian flu outbreak has impacted egg prices across the country, along with rising energy and feed costs.
Food prices that are already at their highest point in more than a decade are set to push even higher amid a global shortage of fertilizer that has worsened since Russia invaded Ukraine.
Desperate restaurant chains looking to hire thousands of employees are offering higher wages, signing bonuses and referral bonuses. McDonald’s announced it’s raising pay at corporate-owned stores for existing and new employees to $11 to $17 an hour for entry-level positions and $15 to $20 an hour for shift managers. It wants to hire 10,000 people.