The Great Resignation is showing no signs of slowing down. According to the U.S. Department of Labor, job openings in February remained near record levels, with businesses looking to fill more than 11 million open positions. Nowhere is that need more deeply felt than in the fast-food industry. Even business titans like McDonald’s and Starbucks have been forced to do the previously unthinkable: reduce operating hours primarily due to staffing troubles.
Restaurants have tried everything to attract workers, from higher wages to next-day pay. But these jobs continue to go unfilled. Between the growing demand for restaurant workers and the stagnant labor pool, experts predict a shortfall of 3.7 million workers. This shortage is straining what are already razor-thin margins.