RAB Research Archive

Study: Over one-third of restaurant operators implementing hiring freezes



As inflationary pressures reach a 40-year-high, businesses may have no choice but to implement hiring freezes, especially because menu price increases haven't kept pace with operating cost increases. According to the National Restaurant Association, wholesale food costs are up as much as 18%, for instance, while labor costs are up more than 11% at most restaurants.

Source: Restaurant Dive



View or Download: https://www.restaurantdive.com/news/over-one-third-of-restaurant-operators-implementing-hiring-freezes-amid-inflation/628202/?utm_source=Sailthru&utm_medium=email&utm_campaign=Newsletter%20Weekly%20Roundup:%20Restaurant%20Dive:%20Daily%20Dive%2007-30

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