By the Numbers: How the Coronavirus Pandemic Continues to Devastate the Restaurant Industry

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Sales of gift cards and liquor are booming, but restaurants and workers remain at the center of the economic storm

are at risk of short-term and temporary loss due to the coronavirus pandemic. When bars are added, the industry could lose more than 1 million additional jobs, which accounts for almost 28 percent of the 37 million jobs the group says are in jeopardy. It’s unclear how many of the job losses are merely temporary.

Meanwhile, job posts in the food services category for Indeed.com, the job listing forum, also declined. By March 28, listings were down 28 percent compared to last year. Homebase, a scheduling and time tracking app, has already seen unemployment rising among its group of more than 20,000 restaurants.

 

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