Restaurants Employment Level Highest Ever in Summer 2012
May 25, 2012
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Recent reports on restaurants operator optimism have included high rates of current and future projected purchases of commercial appliances/foodservice equipment. Another measure of the restaurant business recovery is seen in a new National Restaurant Association report that said U.S. restaurants are expected to add 450,000 jobs for the 2012 summer season - up 4.6% from the March 2012 employment level. The report shows the highest summer employment numbers since 1993.
"Restaurant industry employment growth will outpace overall employment growth for the 13th year in a row this year, illustrating the key role restaurants play in the nation's economy," said Hudson Riehle, senior vice president of the research and knowledge group for the Association. "The boost of this year's 450,000 summer jobs will propel total eating and drinking place employment to its highest on record. Overall, America's nearly one million restaurants employ nearly 10% of the nation's overall workforce."
The association said restaurants are the second largest private sector employer in the United States, with nearly 13 million employees, a number projected to grow by 1.4 million positions in the next decade.
The association said eating and drinking places added:
* 450,000 jobs for the 2012 summer season
* 444,100 for the 2011 summer season
* 427,100 for the 2010 summer season
* 391,300 for the 2009 summer season
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