KFC seeks to hire 20,000 workers in tight job market

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KFC said Wednesday that the brand and its franchisees aim to hire 20,000 new workers across the country. The positions will be full-time and part-time, and cover a range of roles including cooks and general managers. KFC, which is part of the Yum Brands Inc. YUM, +0.22% portfolio, credits recent quarterly results and rising demand for the hiring spree. However, many companies have struggled to find enough workers to fill open spots. On Wednesday, ADP announced that the economy added 742,000 private-sector jobs in April, the most in seven months. Yum stock is up 10% for the year to date while the S&P 500 index SPX, +0.34% has gained 10.9% for the period.

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