Foodservice Wage Growth Continues To Outpace Average

Average hourly foodservice wages rose 4.1% for the 12 months ended in February, according to the latest data from the Bureau of Labor Statistics. This compares with a 2.6% increase for all private sector wages during the period.

The strongest gains continued to be at full-service and quick-service restaurants, which posted increases of 4.7% and 4.5% respectively for the past 12 months. Snack and nonalcoholic beverage bars saw wages increase 4.4%.

Still, the rate of wage increases in foodservice appears to be slowing slightly. The 4.1% jump for the past 12 months compares with 4.4% gain the previous two years. Increases at full-service and quick-service concepts have been running at 5% or better during the past two years.

In other data from the federal government, sales at eating and drinking places reached $58 billion on a seasonally adjusted basis in March, up 0.4% from the previous month. It was the fifth gain for sales during the past 12 months. For the 12 months, restaurant sales rose 3.1% or 0.6% after factoring out menu-price increases.

- Advertisement -

- Advertisement -

- Advertisement -

TRENDING NOW

RELATED CONTENT

Follett Selects Michael Raycher as New EVP of Sales

Longtime employee worked his way up from regional sales manager.

Read More...

Slim Chickens Has Plans for Rapid Expansion

The arkansas-based chicken chain looks to expand to East Coast and beyond this year.

Read More...
Domino's UK

Domino’s to Hire 5,000 in U.K.

With booming sales during the pandemic, Pizza chain ready to bolster its British hiring.

Read More...