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News Wire / economy

Restaurant Understaffing Reaches Lowest Level Since Pandemic

Bloomberg Radio New York 10d10d Impact 6
Only 22% of restaurants reported being understaffed last year, according to data from the National Restaurant Association. Chief economist Chad Mutray credits this shift to changes in policies regarding tips and overtime. The industry continues to face challenges from inflation-squeezed consumers and rising food and energy costs. This figure represents the lowest understaffing level recorded since the pandemic. Understaffing in the restaurant industry has fallen to its lowest point since the start of the COVID-19 pandemic. This indicates a potential improvement in labor availability for the sector. Specifically, the first $25,000 of tips are no longer taxed. Jab Mutray, chief economist at the association, attributed this trend to shifts in policies regarding tips and overtime.

Topics

labor restaurant industry inflation

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Sources · 7 independent

Bloomberg Radio

“only 22% of restaurants told us last year that they were understaffed. So that was the lowest we've seen since the pandemic.”

Bloomberg

“Restaurant understaffing has reached its lowest level since the pandemic began.”

BCC News Taiwan

“Restaurant understaffing reaches lowest level since pandemic.”

Bloomberg Radio

“Restaurant understaffing reaches lowest level since pandemic.”

CRI Huayu Global

“Restaurant Understaffing Reaches Lowest Level Since Pandemic”

Unknown

“Restaurant Understaffing Reaches Lowest Level Since Pandemic”

Tokyo FM

“Restaurant Understaffing Reaches Lowest Level Since Pandemic”

Unknown Source

“Restaurant Understaffing Reaches Lowest Level Since Pandemic”

NBS News

“Restaurant understaffing reaches lowest level since pandemic.”

BBC World Service

“Restaurant understaffing reaches lowest level since pandemic.”

Nippon Broadcasting System

“restaurant understaffing reaches lowest level since pandemic”

J-Wave

“restaurant understaffing reaches lowest level since pandemic”

1010 WINS NYC

“only 22% of restaurants told us last year that they were understaffed. So that was the lowest we've seen since the pandemic.”

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