Why restaurants are struggling – it’s not what most people like to think it is.

It’s no surprise why so many restaurants are struggling. It is NOT the “usual suspects” of “Greedy Landlords”
(We at Smith Hanten choose NOT to represent greedy landlord, btw)
The very people it was meant to help wind up getting hurt – either with reduced hours or job losses.
…..“full-service restaurants recorded a 1.6 percent job loss, which is the first recorded annual loss in two decades,”
…..”76.5 percent …reduced employee hours, and 36 percent eliminated jobs in 2018″
…..”75 percent … will reduce employee hours, and 53 percent will eliminate jobs in 2019..”
https://nypost.com/2019/03/30/the-new-minimum-wage-is-killing-nycs-once-thriving-restaurant-scene/
#NYCrestaurants #minimumwage #GreedyLandlords #SmithStreetBrooklyn #SmithHanten