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economy

Workforce

Restaurants added 286k jobs in February

 By Jonathan Maze on Mar. 05, 2021

Three out of every four jobs created last month were at a restaurant as stimulus payments and dining room reopenings put some life back into the industry.

Financing

This is the beginning of the end of the pandemic

 By Jonathan Maze on Feb. 22, 2021

With cases going down and vaccines ramping up, many believe that the end of the era of quarantines is near, says RB’s The Bottom Line.

Financing

Restaurants shed jobs again in January

By Jonathan Maze on Feb. 05, 2021

The industry shed 19,400 jobs during the month even as sales improved, though the rate of employment decline is shrinking.

Financing

Despite strong sales, the economy remains weak

By Jonathan Maze on Feb. 01, 2021

McDonald’s CEO Chris Kempczinski notes that economic concern will remain, especially after the stimulus rolls off, says RB’s The Bottom Line.

Financing

Why the post-pandemic era could be ‘the Roaring ’20s’ for restaurants

By Jonathan Maze on Jan. 21, 2021

After a tough pandemic, the industry could face a strong decade as consumers return and companies build new locations.

Workforce

Restaurants lost 372,000 jobs last month

By Jonathan Maze on Jan. 08, 2021

The industry now employs 9.8 million people as restaurants shut services due to coronavirus restrictions.

Workforce

Restaurants cut the number of jobs last month

By Jonathan Maze on Dec. 04, 2020

The industry lost 17,400 jobs in November, the first decline since April.

Financing

Restaurant job growth improved in September

By Jonathan Maze on Oct. 02, 2020

But the industry remains more than 2 million jobs short of where it was before the pandemic.

Financing

Restaurants’ K-shaped recovery

By Jonathan Maze on Aug. 25, 2020

The economy is headed in two directions, with some sectors recovering and others not. The same is true for restaurants, says RB’s The Bottom Line.

Financing

Where does the economy go from here?

By Jonathan Maze on Jul. 29, 2020

The RB podcast “A Deeper Dive” features economist Joel Naroff discussing what is necessary for the economy to fully recover, and how that will affect restaurant sales.

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