Tag : labor shortages

Restaurant Industry Still Grappling with Labor Shortages, Customers are Noticing
Business Guest Posts Technology

Restaurant Industry Still Grappling with Labor Shortages, Customers are Noticing

Olivier Thierry
by Olivier Thierry0
The restaurant and hospitality industry added 33,100 jobs in May, according to the National Restaurant Association. While this is a welcomed improvement compared to previous months this year, it’s still roughly 450,000 jobs short of the more than 12.3 million job positions in February 2020. The truth is the restaurant......
JPMorgan Chase Survey Intensified Challenges Push Business Leaders’ Optimism to Record Lows
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JPMorgan Chase Survey Intensified Challenges Push Business Leaders’ Optimism to Record Lows

Fintech News Desk
by Fintech News Desk0
Most still expect a boost in revenue even as they navigate inflation and labor shortages As the U.S. economy faces decades-high inflation, soaring interest rates and continued supply chain and labor shortages, midsize business leaders across the country are increasingly cautious in their economic outlooks, according to JPMorgan Chase’s 2022......
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