Despite Improved 2024 Outlook, Labor, and Other Risks May Drag Restaurants Down
Modern Restaurant Management
DECEMBER 27, 2023
Quick service, fast casual and bars and taverns have exceeded where they were in February 2020. As of the end of 2023, the industry is still 14,000 jobs behind that pre-pandemic level. And well-being benefits do make a difference , reducing recruiting costs and sick days taken as well as promoting employee satisfaction.
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