Market Pulse Check

Food & Beverage

Restaurant Industry Hiring Pace Slowing

Food-service and drinking establishments added 25,000 jobs in April 2023, according to Nation’s Restaurant News.

While April marks the 28th consecutive month of growth, the rise in new jobs has slowed in recent months. For example, in March the industry added 50,000 jobs. It added 70,000 in February and 99,000 in January.

Data from the National Restaurant Association shows that the industry’s workforce remains on track to grow by 500,000 jobs this year. This trend could bring total industry employment to 15.5 million by the end of 2023.

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