• Pyr_Pressure@lemmy.ca
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    26 days ago

    Unfortunately that’s the risk of the restaurant Industry. It’s a highly competitive and low margin business.

    Unfortunately it’s also oversaturated with way too many small restaurants to make it viable enough for everyone unless they pay below minimum wage for labour.

    If 20% of restaurants go out of business, the remaining 80% with get all the business from those that shut down and make enough money to pay their employees a livable wage.

    Unfortunately that means the workers from the failing 20% need to find work in another industry, but the workers in the remaining 80% get a much needed increase in income rather than everyone suffering.

    • kinther@lemmy.worldOP
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      26 days ago

      Some service industry folks I’ve talked to are happy about it. Some are cautiously optimistic. I still think it’s a good step in the right direction, but like I said - I’m worried chain restaurants will move back in to fill the void and I’d rather have small businesses to go to.

        • kinther@lemmy.worldOP
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          26 days ago

          Yeah same with Starbucks. I can’t support them after everything they’ve done against unions.