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Some of his work on healthcare marketing and social networking was published posthumously in late 2010s. LaTour often collaborated with his wife, Kathryn, on research and publications, related to wine, nostalgia, and taste. [9] "The Michael LaTour Research Excellence Award" was established at Ithaca College in 2016 to help young research ...
Signs on door of a Graeter's ice cream parlor in the Hyde Park neighborhood of Cincinnati during government-mandated closings. The COVID-19 pandemic impacted the United States restaurant industry via government closures, resulting in layoffs of workers and loss of income for restaurants and owners and threatening the survival of independent restaurants as a category.
The National Restaurant Association estimated probable job losses to be five to seven million. [90] Industry experts on 18 March forecasted $225 billion in direct losses and a full economic impact of $675 billion because of additional revenues generated elsewhere in the economy when customers patronize restaurants. [96]
The restaurant industry was hit first and worst when COVID-19 closed the economy.According to the National Restaurant Association, businesses laid off or furloughed 8 million hospitality workers ...
The NCBA created a task force to fund research into the reduction of E. coli O157:H7 in cattle and in slaughterhouses. [5] Jack in the Box completely overhauled and restructured their corporate operations around food safety priorities, setting new standards across the fast food industry. [35]
The restaurant industry in the United States is large and quickly growing, with 10 million workers. 1 in every 12 U.S. residents work in the business, and during the 2008 recession, the industry was an anomaly in that it continued to grow. Restaurants are known for having low wages, which they claim are due to thin profit margins of 4-5%.
The United States restaurant industry was projected at $899 billion in sales for 2020 by the National Restaurant Association, the main trade association for the industry in the United States. [1] [2] An estimated 99% of companies in the industry are family-owned small businesses with fewer than 50 employees. [3]
In the time since the Card–Krueger study was released, many economists have tried to look at the effects of minimum wage increases on employment prospects. A 2006 review by Neumark and Wascher of over 100 studies on the minimum wage concluded that the general consensus view agreed that wage increases hurt employment opportunities for youths. [20]