US restaurants added a net 116,000 positions in the first half of 2012, indicating people are eating out or buying more take-out, a trade group says. An analysis by the National Restaurant Association in Washington said in the 12 months ending June 2012, eating and drinking place employment jumped 2.7 percent -- more than double the 1.3 percent increase in total U.S. employment during the same period. "While restaurant industry job growth is not immune to the ups and downs of the overall economy, our industry has continually been at the forefront of job creation for the last two years," Dawn Sweeney, the association's president and chief executive officer, said in a statement. "Restaurant industry sales are gaining for the third consecutive year, spurring the nation's nearly 1 million restaurants to staff up to meet the increasing demand for away-from-home meals." Since the employment recovery began in March 2010, U.S. restaurants added more than 575,000 jobs. The restaurant industry is the nation's second-largest private sector employer with a workforce of nearly 13 million, or almost 10 percent of the U.S. workforce. The trade group projected the restaurant industry sales would exceed $632 billion this year, a 3.5 percent increase over 2011 sales. This is the third consecutive year that industry sales will post real gains, driven by moderate improvements in consumer's disposable income and gradual release of pent-up demand for restaurant visits, Sweeney said.
GMT 12:09 2018 Monday ,26 November
Black Friday less wild as more Americans turn to online dealsGMT 15:06 2018 Sunday ,18 November
Refugee host countries discuss UNRWA's financial crisisGMT 16:17 2018 Monday ,12 November
Egypt working on 4-year plan to increase growth rateGMT 12:45 2018 Friday ,09 November
Egyptian agriculture products introduced to Japanese markeGMT 11:42 2018 Friday ,02 November
Turkey's new mega airport, boon for slowing economyGMT 13:42 2018 Monday ,29 October
Egypt's trade volume hits $67.63 bln over 9 monthsGMT 15:13 2018 Friday ,12 October
Govt to announce incentives package for Overseas PakistanisGMT 14:46 2018 Thursday ,11 October
Economy and energy dominate agenda in Russian-Slovak relationsMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor