Wages Rise at Restaurants as Labor Market Tightens

February 28, 2015 5:33 AM

66 12

Wages Rise at Restaurants as Labor Market Tightens

Wage growth is breaking out in an unexpected corner of the U.S. economy: the nation’s restaurants and bars.

Food-service employment has surged since the recession ended nearly six years ago, growing twice as fast as overall payrolls. But those gains had largely failed to translate into better wages in the sector, until recently. Restaurant wages zoomed up to an annualized pace of more than 3% in the secon...

Also read: Police: Man fires shots in D.C. restaurant tied to fake Clinton conspiracy

Read more

To category page

Loading...