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economy

Financing

Restaurants are still a long way from a complete employment recovery

 By Jonathan Maze on Jul. 06, 2021

The industry is adding jobs at a seemingly breakneck pace, but it could be next year before it gets to pre-pandemic levels.

Financing

Franchise sales take off as the pandemic eases

 By Jonathan Maze on Jun. 07, 2021

Several restaurant chains are pushing aggressive development and signing more operators as they look toward recovery, says RB’s The Bottom Line.

Financing

Restaurants continued to add more jobs last month

By Jonathan Maze on Jun. 04, 2021

The industry added 186,000 jobs in May as it continues to recover from the pandemic but remains far off early 2020 levels.

Financing

Restaurant sales fully recovered in April

By Jonathan Maze on May 17, 2021

The industry’s sales during the month were better than they were in 2019 as stimulus-fueled customers decided to eat out more often.

Financing

Restaurants continued to add more jobs last month

By Jonathan Maze on May 07, 2021

The industry added 187,000 workers in April as sales soared, but the overall economy added a fraction of what many economists expected.

Financing

Restaurant sales almost fully recovered in March

By Jonathan Maze on Apr. 15, 2021

Industry sales surged 36% year-over-year, nearly hitting 2019 levels as consumers spent their stimulus checks at any restaurant that was open.

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.

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