U.S. Fast-Food Workers Fighting for Higher Wages Plan to Strike

Workers at some of the nation's largest fast-food chains are set to go on strike, as they negotiate higher pay packages and more union rights. If a deal isn't reached by December 4th, employees at McDonald's, Wendy's and Burger King will go on strike. It's unclear how many workers will participate in the strike, but data from the Bureau of Labor Statistics says just over 3 million people work in the food preparation space, earning a mean hourly wage of $9.08, or $18,880 annually. Workers are asking for $15 per hour. For over a year, the Services Employees International Union has been organizing protests to gain support for a pay raise to $15 per hour via its 'Fight for 15' campaign. Some of these protests resulted in arrests back in September, although the group has faced hurdles in attracting new protesters. TheStreet's Scott Gamm reports from New York.