Retail

Restaurants can’t find workers as restrictions ease, hospitality CEO says

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Restaurants in New York City are finding it hard to hire workers as restrictions related to Covid-19 are being eased across the country and demand within the industry picks up, restauranteur Danny Meyer said Wednesday.

“Nobody can hire back all of their workers even if they wanted to because many of our workers have left the city,” Meyer, CEO of Union Square Hospitality Group and Shake Shack founder, told “Closing Bell.” “Everybody is hiring at the exact same time. It is going to take, per my judgement, at least two or three months for supply and demand to keep up with each other and to hit an equilibrium.”

Demand for restaurants has been coming back in New York City as more people get…



Source cnbc.com

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