Friday, August 2, 2013

Ten Times More Waiter And Bartender Than Manufacturing Jobs Added In 2013

This data really doesn't need much explanation. Here are the facts: so far in 2013:

* There have been 246.5K Waiter and Bartender (Food Service and Drinking Places) jobs added

* There have been 24.0K Manufacturing jobs added

The ratio of waiters and bartenders to manufacturing jobs: 10 to 1.

Sadly, most of those now record waiters and bartenders are just sitting there, twiddling their thumbs. Recall: "According to this week's very weak retail sales report, Food-service sales fell 1.2% in June, the largest decline since February 2008 and the year over year change in "eating out" rose by just 3.1% - the lowest annual increase since June 2010. But at least all those empty restaurant seats have a record number of waiters catering to the non-existent clients which on the surface should mean the speediest service in history." Read more >>
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