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Dealing with a possible recession in the restaurant industry

from By Linchi Kwok

According to the National Restaurant Association, the restaurant industry generates $782.7 billion in sales per year and employs 14.4 million people. The industry is projected to create another 1.7 million new jobs by 2026. Today, one out of 10 people in the U.S. workforce works in a restaurant. Therefore, job security should not be a concern for those who are working in a restaurant or ready to start a career in the restaurant business. However, several recent business reports have suggested a coming downturn for the restaurant industry. more

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