Sunday, October 8, 2017

Jobs Report: Where Did All the Restaurant Workers Go? - Bloomberg

Jobs Report: Where Did All the Restaurant Workers Go? - Bloomberg



...TGI Fridays and Applebee’s and their ilk are struggling as the American middle class and its enormous purchasing power withers away in real time, with the country’s population dividing into a vast class of low-wage earners who cannot afford the indulgence of sit-down meal of Chili’s Mix & Match Fajitas and a Coke, and a smaller cluster of high-income households for whom a Jack Daniel’s sampler platter at Fridays is no longer good enough...

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