Monday, April 9, 2012

Restaurants add 560000 jobs in past two years - NRA News Blog

The National Restaurant Association reports that restaurants have added more than 560,000 jobs since the beginning of the employment recovery, with more than 200,000 of those positions created in the last six months.

?The restaurant industry strongly contributes to the health of our nation?s economy by driving job growth across industry segments, and providing rewarding career and employment opportunities for millions,? said Dawn Sweeney, President and CEO of the National Restaurant Association.

?Whether in the kitchen or the corporate office, restaurants offer a variety of career paths, including one toward the American Dream of entrepreneurship and owning your own business,? she said.

Restaurants added more than 100,000 jobs in two consecutive quarters for the first time on record, according to National Restaurant Association analysis of preliminary figures from the Bureau of Labor Statistics.?Eating and drinking places ? the primary component of the restaurant industry, which accounts for roughly three-fourths of the total restaurant and foodservice workforce ? added 103,100 jobs in the first quarter of 2012, which followed a gain of 101,400 jobs in the fourth quarter of 2011.

Since the employment recovery began in March 2010, eating and drinking places have added 562,600 jobs, with current industry staffing levels standing more than 180,000 jobs above the pre-recession peak.?

As a result of the steady gains, restaurant job growth easily outpaced the overall economy in recent months.? In the 12 months ending March 2012, eating and drinking place employment jumped 3.2 percent, more than double the 1.5 percent increase in total U.S. employment during the same period. In addition, 2012 marks the 13th consecutive year in which restaurant employment growth has outpaced overall employment growth in the United States.

Read the full news release from the NRA.

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