Getlowfees.com

The restaurant industry is expected to finish 2013 with a job growth rate of 3.2 percent. This is according to new analysis from the National Restaurant Association's Chief Economist Bruce Grindy.

Restaurants added a net 27,000 jobs in Q3, which was less than one-fourth of jobs added in the industry for Q2. Still, year-end projections should top 3 percent for the second year in a row.

The Bureau of Labor Statistics' jobs report for September, released earlier this week, shows that the private sector added 126,000 jobs in September, compared to 100,000 in July, and 161,000 in August.

According to the NRA, the modest Q3 gain was a fraction of the 112,000 restaurant jobs added in Q2, and represented the smallest gain since Q1 2010, when the industry was starting to show signs of recovery from the recession.

However, restaurant industry job growth continues to be positive, and is predicted to end at 3.2 percent for the year. Comparatively, the overall employment gain is expected to be 1.6 percent.

The NRA says this will represent the 14th consecutive year in which restaurant-industry job growth outpaced the overall economy.

Read more about restaurant trends and statistics.

Related Content

User Comments – Give us your opinion!
Products & Services

Online Ordering

http://global.networldalliance.com/new/images/products/4285.png

4285/Online-Ordering

Cured Meats

http://global.networldalliance.com/new/images/products/6791.png

6791/Cured-Meats

Thr!ve Point-of-Sale

http://global.networldalliance.com/new/images/products/6811.png

6811/Thr-ve-Point-of-Sale

Can you prove your restaurant POS is PCI-compliant?

http://global.networldalliance.com/new/images/products/1292.png

1292/Can-you-prove-your-restaurant-POS-is-PCI-compliant

Restaurant technology news, trends & best practices

http://global.networldalliance.com/new/images/products/5079.png

5079/Restaurant-technology-news-trends-best-practices

PeopleMatter LEARN™

http://global.networldalliance.com/new/images/products/4627.png

4627/PeopleMatter-LEARN

Mobile Ordering

http://global.networldalliance.com/new/images/products/5933.png

5933/Mobile-Ordering

Enterprise Reporting & Management

http://global.networldalliance.com/new/images/products/6813.png

6813/Enterprise-Reporting-Management

See the latest in restaurant POS

http://global.networldalliance.com/new/images/products/1926.png

1926/See-the-latest-in-restaurant-POS

Meatballs

http://global.networldalliance.com/new/images/products/6789.png

6789/Meatballs

Digital Menu Boards and ROI
Fast Casual Executive Summit
Request Information From Suppliers
Save time looking for suppliers. Complete this form to submit a Request for Information to our entire network of partners.