Insights in: Restaurant Industry Insights
Restaurant Industry Insights
Continued Improvement in the Restaurant Workforce
A recent November 2022 jobs report from the Bureau of Labor Statistics (BLS) showed employers adding another 263,000 jobs. The leading sectors in job growth were health and education, and leisure and hospitality. Leisure and hospitality ranked...
F&B InsightsRestaurant Industry Insights
Current Restaurant Dichotomy: Sales Go Up and Dining Out Goes Down
According to CNN, chain restaurants have reported increased sales in the third quarter of 2022. However, this is not due to growing foot traffic, which has been falling, thanks to inflation. Instead, the increase in sales is due to rising...
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