The Great Resignation is beginning to create even more havoc for thinly staffed restaurant chains trying to rally back from being hammered during the pandemic.
This week, the Bureau of Labor Statistics reported that quits rates in the food service industry hit 6.8%, compared to an overall quits rate of 2.9%. Guggenheim analyst Gregory Francfort notes the quits rate for food service is well above the 5% peaks seen in quits in 2006 and 2019, and 4.1% average over the past 20 years.
"Workers continue to leave the retail and restaurant industries amid challenging demands put on existing staff due to labor shortages and other measures, such as mask requirements for customers. With the persistent high quits rate in these industries throughout the pandemic, both will remain constrained due to a lack of available people willing to work in these jobs. That will continue to weigh on overall employment given the size of both industries," opined DataTrek's Jessica Rabe in a research note to clients.
This is what happens when you over extend an already bloated "service industry" with abysmal pay rates coupled with vaccine/mask mandates, and then, just for good measure, throw skyrocketing inflationary costs into the mix.
The owner of the now famous DeBary Diner is also a DJ for WOCL SunnyFM-Orlando, 105.9 on your radio dial for you Ctrl FL types. Rick Stacey is his name. Name of the show is the Rick Stacey Morning Show with Jill Bucco and Smokestack. They are THE ONLY based, redpilled radio show in the area and the ONLY based, redpilled show for radio/tv in the area. And are the ONLY show I listen to in the mornings. They're awesome.
For those that don't know, DeBary Diner is the one who told Buyden voters, mandate accepters, etc to pack sand and not frequent their establishment after the Afghanistan Withdrawal Debacle.
He and his wife have been hammered with rising food costs. He says a bulk box of bacon is now close to $100. While this may not seem like a lot, consider how much bacon people eat in the South. We LOVE our bacon. He's detailed other costs, too, but this one he talks about the most. Before this yr, they were paying less than $30/box. They're trying not to pass on the costs to their consumers as much as other places, but are quickly losing this battle. He's also said they just can't get certain goods, like veggies, paper product supplies, etc. He also said that the restaurant industry has lost ~ 1Mil jobs since COVID started. Haven't looked into it yet, but the proof is in the closed and shuttered eateries that haven't reopened. He knows other restaurant owners that have stayed closed because they're making more money from the "COVID stimulus" payouts for the industry than they would make if they stayed open. He's said he knows owners that weren't millionaires before COVID, who are now millionaires because of the stimulus. Like...wut????
Proof that [they] want us separated and alone, afraid, and just all around doomfagging on every aspect of our lives.
If you live in Texas, you make pilgrimmages to Buc-ees "convenience" mega store. They are the most organized greatest BBQ/gas/fudge/jerkey store with spotless almost limitless restrooms. They were out of all cups and lids yesterday and it was at multiple stores. If they get hit with a supply chain problem, the problem is really bad.