National Restaurant Association Calls for Congress to Enact “Blueprint for Recovery” to Help Industry Survive
From beloved corner diners, to favorite independent restaurants to well-known chains, the entire restaurant industry has lost two-thirds of its workforce, more than eight million employees, as a result of COVID-19 closures, according to a new national survey conducted by the National Restaurant Association and included in a new industry recovery plan sent to Congress today.
HR Technology News: HR for Health and Henry Schein, Inc. Announce Exclusive Business Relationship to Provide Doctors with New Solutions to Simplify Human Resources & Payroll
The Association called on Congress to enact a new “Blueprint for Recovery” to provide targeted relief for the second largest private sector employer, an industry that is larger than airlines, railroads, ground transportation and spectator sports combined, and that has in the past been one of the slowest to bounce back from downturns.
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’s survey of 6,500 restaurants nationwide, noted that restaurants lost $30 billion in March, 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.
HR Technology News: ADP Achieves a Perfect Score in Workplace Equality for 11th Straight 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.
HR Technology News: Codility Raises $22M Series A Investment Led by Oxx and Kennet Partners to Help Enterprises Predict Which Candidates Will Make Stronger Engineering Hires