10 restaurant execs weigh in on labor, wage concerns

10 restaurant execs weigh in on labor, wage concerns

Labor costs will be key concern for the second half of 2015 and beyond

With local minimum wage rates rising in major markets around the country, and competition for workers increasing, the increased cost of labor is a key concern for the second half of the year and beyond.

In the most recent round of earnings reports by public restaurant companies, many said they expected pressure on margins as a result of rising labor costs.

“Wage pressures and the war for talent continue to make labor our single biggest source of inflation,”

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