May 12, 2021
The US gained 266,000 jobs in March, far fewer than million new jobs forecasters expected. The reasons for the employee shortage range from childcare responsibilities to health concerns to generous unemployment insurance benefits keeping workers at home.
Now, big chains, in food and services, are increasingly offering incentives from signing bonuses to free appetizers to lure them back. At the same time, big corporations like Amazon and Costco have raised pay to at least $15 an hour, making it harder for other employers to compete with them.
The Jobs Opening and Labor Turnover survey from the US Bureau of Labor Statistics reported a record-high 8.1 million job openings in March, with the largest increases in accommodation and food services, state and government education, as well as arts, entertainment, and recreation.
Restaurants are betting on to-go alcohol as business picks back up, but experts say competing with liquor stores won t be easy mmeisenzahl@businessinsider.com (Mary Meisenzahl)
More than 30 states allowed alcohol takeout and delivery during the pandemic.
Off-premise alcohol sales were a lifeline for restaurants, and many want to keep it around.
Experts say restaurants have to differentiate offerings from liquor stores.
Takeout and delivery alcohol sales have been a lifeline for restaurants during the past year, and the industry is hoping they ll be allowed to continue - but experts told Insider that competing with liquor stores while still turning a profit is easier said than done.
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The pandemic has hit our country s economy hard, and that is increasingly visible right here in our own community. A growing number of popular New Jersey businesses have served their final customers, some due to the pandemic s economic impact and others that were suffering before. We re taking a look at the (unfortunately) growing list of local businesses that have closed.