Budapest Post

Cum Deo pro Patria et Libertate
Budapest, Europe and world news

NYC restaurants are dying thanks to COVID insanity

NYC restaurants are dying thanks to COVID insanity

City restaurants opened Monday to all diners, vaxxed or no, for the first time since August. Let’s all hope the industry can recover rapidly from the devastation wrought by COVID craziness.
Don’t be fooled by the fact that you still can’t get a table at Masa. Outside the glitziest spots, the picture for eateries is ugly.

Table reservations were down 53.2% citywide since 2020. In January, that number hit a crushing 72%. But the real bad news can be found in new data from the state comptroller’s office, which shows that from the end of 2019 to the end of 2021 employment in New York City’s restaurant sector plummeted 25.4% — about 78,000 jobs lost.

That represents a huge number of closed eateries, and many of those that survived are burdened by huge debt.

That 25.4% collapse compares to a 6.3% decline across all city private-sector employment — and a national restaurant-job drop of just 1.6%. That’s right: NYC restaurants got hit 15 times as hard as the US average.

Behind those losses are “stop the spread” policies imposed amid the pandemic: shutdowns, reduced-capacity dining, vaccine and mask mandates for workers and customers.

In other words, the numbers are yet one more measure of the damage from the de Blasio-Cuomo “public health” mandates. Harms concentrated on our most economically vulnerable: The average yearly salary for a restaurant worker at the end of 2020 NYC was a bit more than $32,400 (and it went down, while overall salaries went up). And the sector’s workers are markedly more likely to be immigrants, as well as Hispanic or Asian.

Eateries were going like gangbusters pre-pandemic. Jobs rose 61% from 2009 to 2019 while the number of restaurants grew 44%.

Even COVID-relief cash got hoovered up by the elite, with 70% of monies going to establishments in richer neighborhoods. Mom-and-pop restaurants, meanwhile, had to close and let their workers go.

Sadly, these figures are very much of a piece with New York’s overall employment anemia: 5.3% vs. the national rate of 3.8%.

Mayor Eric Adams has taken steps in the right direction, but for the city to really come back this trend needs to get reversed. The mayor needs to ditch the private-sector vax mandate, start implementing all the pro-business policies he can and go all-out on pro-restaurant messaging.

New York City without its whole vast buffet of restaurants just isn’t New York City.
AI Disclaimer: An advanced artificial intelligence (AI) system generated the content of this page on its own. This innovative technology conducts extensive research from a variety of reliable sources, performs rigorous fact-checking and verification, cleans up and balances biased or manipulated content, and presents a minimal factual summary that is just enough yet essential for you to function as an informed and educated citizen. Please keep in mind, however, that this system is an evolving technology, and as a result, the article may contain accidental inaccuracies or errors. We urge you to help us improve our site by reporting any inaccuracies you find using the "Contact Us" link at the bottom of this page. Your helpful feedback helps us improve our system and deliver more precise content. When you find an article of interest here, please look for the full and extensive coverage of this topic in traditional news sources, as they are written by professional journalists that we try to support, not replace. We appreciate your understanding and assistance.
Newsletter

Related Articles

0:00
0:00
Close
One in Three Europeans Now Uses TikTok, According to the Chinese Tech Giant
Could AI Nursing Robots Help Healthcare Staffing Shortages?
NATO Deploys ‘Eastern Sentry’ After Russian Drones Violate Polish Airspace
The New Life of Novak Djokovic
German police raid AfD lawmaker’s offices in inquiry over Chinese payments
Volkswagen launches aggressive strategy to fend off Chinese challenge in Europe’s EV market
France Erupts in Mass ‘Block Everything’ Protests on New PM’s First Day
Poland Shoots Down Russian Drones in Airspace Violation During Ukraine Attack
Apple Introduces Ultra-Thin iPhone Air, Enhanced 17 Series and New Health-Focused Wearables
Macron Appoints Sébastien Lecornu as Prime Minister Amid Budget Crisis and Political Turmoil
Vatican hosts first Catholic LGBTQ pilgrimage
Apple Unveils iPhone 17 Series, iPhone Air, Apple Watch 11 and More at 'Awe Dropping' Event
France joins Eurozone’s ‘periphery’ as turmoil deepens, say investors
France Faces New Political Crisis, again, as Prime Minister Bayrou Pushed Out
Nayib Bukele Points Out Belgian Hypocrisy as Brussels Considers Sending Army into the Streets
France, at an Impasse, Heads Toward Another Government Collapse
The Country That Got Too Rich? Public Spending Dominates Norway Election
EU Proposes Phasing Out Russian Oil and Gas by End of 2027 to End Energy Dependence
More Than 150,000 Followers for a Fictional Character: The New Influencers Are AI Creations
EU Prepares for War
Trump Threatens Retaliatory Tariffs After EU Imposes €2.95 Billion Fine on Google
Tesla Board Proposes Unprecedented One-Trillion-Dollar Performance Package for Elon Musk
Gold Could Reach Nearly $5,000 if Fed Independence Is Undermined, Goldman Sachs Warns
Uruguay, Colombia and Paraguay Secure Places at 2026 World Cup
Trump Administration Advances Plans to Rebrand Pentagon as Department of War Instead of the Fake Term Department of Defense
Big Tech Executives Laud Trump at White House Dinner, Unveil Massive U.S. Investments
Tether Expands into Gold Sector with Profit-Driven Diversification
‘Looks Like a Wig’: Online Users Express Concern Over Kate Middleton
Florida’s Vaccine Revolution: DeSantis Declares War on Mandates
Trump’s New War – and the ‘Drug Tyrant’ Fearing Invasion: ‘1,200 Missiles Aimed at Us’
"The Situation Has Never Been This Bad": The Fall of PepsiCo
At the Parade in China: Laser Weapons, 'Eagle Strike,' and a Missile Capable of 'Striking Anywhere in the World'
The Fashion Designer Who Became an Italian Symbol: Giorgio Armani Has Died at 91
Putin Celebrates ‘Unprecedentedly High’ Ties with China as Gazprom Seals Power of Siberia-2 Deal
China Unveils New Weapons in Grand Military Parade as Xi Hosts Putin and Kim
Rapper Cardi B Cleared of Liability in Los Angeles Civil Assault Trial
Google Avoids Break-Up in U.S. Antitrust Case as Stocks Rise
Couple celebrates 80th wedding anniversary at assisted living facility in Lancaster
Information Warfare in the Age of AI: How Language Models Become Targets and Tools
The White House on LinkedIn Has Changed Their Profile Picture to Donald Trump
"Insulted the Prophet Muhammad": Woman Burned Alive by Angry Mob in Niger State, Nigeria
Trump Responds to Death Rumors – Announces 'Missile City'
Druzhba Pipeline Incident Sparks Geopolitical Tensions
Cost of Opposition Leader Péter Magyar's Economic Plan Revealed
Germany in Turmoil: Ukrainian Teenage Girl Pushed to Death by Illegal Iraqi Migrant
United Krack down on human rights: Graham Linehan Arrested at Heathrow Over Three X Posts, Hospitalised, Released on Bail with Posting Ban
Asian and Middle Eastern Investors Avoid US Markets
Ray Dalio Warns of US Shift to Autocracy
Eurozone Inflation Rises to 2.1% in August
Russia and China Sign New Gas Pipeline Deal
×