Report: Restaurants Have Lost Two-Thirds of Workforce
The entire restaurant industry has lost two-thirds of its workforce, which totals more than eight million employees, as a result of COVID-19 closures. That figure comes from a new national survey conducted by the National Restaurant Association.
In response, the association sent to congress it’s "Blueprint for Recovery" to provide targeted relief for the industry which it claims as the second largest private sector employer.
Its survey reported that more than 60 percent of restaurant owners say that existing federal relief programs—including the CARES Act—will not enable them to keep their employees on payroll during the downturn, the association said.
The survey of 6,500 restaurants nationwide, noted that restaurants lost $30 billion in March, and were on track to lose $50 billion in April, as well as a COVID-19-related loss of more than $240 billion nationwide by the end of the year.
"The restaurant industry has been the hardest hit by the coronavirus mandates—suffering more sales and job losses than any other industry in the country," Executive Vice President of Public Affairs Sean Kennedy wrote to bipartisan congressional leaders.
"On March 18, we wrote you warning of a bleak outlook for the restaurant industry…as the pandemic was unfolding. One month later, we have a clearer picture of the severe challenges that lie ahead, and ask for a focused solution on behalf of an industry that is a vital part of every community," he added.
"Each of you has a favorite restaurant in your home state—one that exemplifies your culture, your cuisine, and your community. The restaurant industry epitomizes the American dream, but it is uniquely vulnerable to both the current circumstances and the future uncertainty of dining in an era of social distancing," Kennedy concluded.