Employment Numbers Support America's Love of Eating Out

One of my favorite movie lines is from the movie “A Christmas Story”. After the Bumpus dogs demolish the Thanksgiving turkey, Ralphie’s dad says, while holding a half-eaten drumstick, “we are going out to eat”. We Americans love to eat our food out, as evidenced by the fact that 1 in 30 Americans are employed in the restaurant industry, according to the most recent data from the U.S. Census. Moreover employment in the restaurant industry continues to tick up as shown by the following table.

 

 

 

The Census Bureau recently released new 2015 County Business Patterns data which includes data on employees per industry based on the North American Industry Classification System (NAICS). County Business Patterns is based on the number of employees for the payroll period including March 12 of the applicable year so it does not really factor in seasonal workers. The largest employers on a per-capita basis are in the restaurant industry with 3.14% employed in NAICS code 7225 which are restaurant groupings. This is based on U.S. population of about 320 million. Using employable Americans (those 18 and over or 240 million), the number is over 4%. 

 

Breaking this down further, full-service restaurants employ more people on a per-capita basis than limited-service, or fast food restaurants. Also included in our top five is another food-related industry, grocery stores (NAICS 445110), which employed nearly 2.6 million workers in 2015. We Americans love our food and we employ lots of people in the food distribution system to get us our food. However, when it comes to the payroll cost, food service is not at the top of the list but health related industries dominate. We will look at that next week.
 

Share This Story

Similar Posts

  • EVICTED – The Impact of Housing Affordability

    I was in the Bay Area this week for a health technology conference at Stanford University. I took Lyft back and forth from where I was staying. While conversing with one driver in my rudimentary Spanish, I found out that his family was spending $3,000 a month for a two…

  • Students Increasingly Opting for High Cost Debt

    Many prognosticators are projecting a coming economic crisis caused by student debt. This is typically focused around an inability to pay off the principal of the loan. But it really appears that we are also setting ourselves up for a real problem with the cost of debt.    Overall new…

  • Student Debt Rises 13%

    The newest College Scorecard data released several weeks ago reveals an ongoing trend in student debt. The median student debt increased 13.1% from 2015 to 2016. The median student debt has now more than doubled since 2007 as shown by the following graph. We calculated this using a weighted average…

  • Hot Growth Industries

    The building boom is officially back after a long hiatus. The number of construction employees increased 5% in 2016 according to the most recent County Business Patterns released by the U.S. Census.  The sector however with the most number of new establishments is the Information sector (NAICS 51) which increased 5%….

  • When is a Job Essential?

    Critical Infrastructure Accounts for 60% of Jobs as the Rest Open Up The stay-at-home orders under the COVID-19 pandemic separated “essential” from “non-essential”. Businesses deemed essential stayed open. Those that were not essential shut down. Sometimes those lines were very blurred with individual states and even communities making those choices…

  • Student Earnings Experience a Sluggish Recovery

    College students are earning 8% less in 2013 than in 2008 per the most recent data published by the US Department of Education College Scorecard database. Students earned $31,382 in 2013 compared to $34,119 in 2008. The earnings were ostensibly flat from 2012 earnings of $31,528.   The College Scorecard…