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An estimated eight million restaurant employees have been laid off or furloughed since the beginning of the coronavirus.
Based on devastating revenue losses related to government-ordered closures, economic realities, and projections, the restaurant industry’s survival is dependent on a targeted federal government response. An unprecedented crisis of this scale requires a targeted relief plan for the nation’s second largest private sector employer.
Read our full Roadmap to Recovery here.
Read our letter to House and Senate leaders here.
Urgency
An estimated eight million restaurant employees have been laid off or furloughed since the beginning of the coronavirus-related closures, representing two-thirds of our workforce – without immediate action, these losses may be permanent.
The Association estimates that restaurants will lose more than $50 billion in sales in April alone, if the existing closures remain in place through the end of the month. This loss is on top of more than $30 billion in estimated revenue lost in March.
Based on our operator survey, many restaurants have already closed their doors, with no plans to reopen. Looking ahead over the next 30 days, an additional 5% of operators anticipate having to close their restaurant permanently. Click here to view a summary of the restaurant industry impact survey.