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In Delaware and Massachusetts, one in ten workers is employed in the restaurant industry. [6] [7] In North Carolina, 11% of workers are employed by the industry. [8] In Texas, 12% of workers were employed by the industry as of 2016. [9] The effect of the 2020 coronavirus epidemic was in March 2020 projected to be $225 billion in losses. [10]
The restaurant industry was hit first and worst when COVID-19 closed the economy. ... the National Restaurant Association projected that the industry would do $898 billion in sales, up from $864 ...
The group expects total industry employment to reach 14.9 million this year — an addition of only about 400,000 jobs from 2021, and still 1 million fewer than pre-pandemic levels.
Nearly 3.5 million parents work in the restaurant industry and more than 1 million of those are single mothers, 40% of whom live in poverty, according to a 2016 report by the National Women’s ...
In 2015 the United Kingdom hospitality industry employed around 2.9m people – around 9% of the UK workforce. [12] By employment, it is the UK's fourth-largest industry. The most jobs in the industry are found in London (around 500,000) and South East England (around 400,000); 18% of workers in the UK industry are in London. There are around 1 ...
The US restaurant industry was projected at $899 billion (~$1.04 trillion in 2023) in sales for 2020 by the National Restaurant Association, the main trade association for the industry in the United States. [2] [3] An estimated 99 percent of companies in the industry are family-owned small businesses with fewer than 50 employees. [4]
Olive Garden increased prices by about 3.5% during the last fiscal year, compared with an average of about 4% across other Darden entities. With 110 Olive Garden locations, Texas has more than any ...
[58] [59] The restaurant industry in Vietnam has also seen strong growth in recent years. According to a report by SSI Securities Corporation, the revenue of the restaurant industry in Vietnam reached VND610 trillion in 2022, up 16% from 2021. [60] [61] Of that, the out-of-home market accounted for VND333.69 trillion, up 19% from 2021. [62] [63]