An Analytical Overview of Restaurant Job in New York City in the Wake of the Pandemic
An Analytical Overview of Restaurant Job in New York City in the Wake of the Pandemic

Author(s): Sonal Pandey
Subject(s): Business Economy / Management, Health and medicine and law
Published by: Scientia Moralitas Research Institute
Keywords: New York restaurants; COVID-19; impact on restaurant jobs
Summary/Abstract: : New York is the most corporate-oriented state in the U.S., as well as has instituted several tax benefits and incentives to help diminish the load on small business owners. The restaurant business in New York City is like no other business in the world. My research study is based on the hardship of the situation faced by the restaurant industry as well as their workers during this pandemic situation. Will they overcome this situation with flying colors? The objective is to suggest strategies lined up to live with the new normal. During my research study, I found that job growth of the restaurant industry from 2009-2019, is 61% and business also expanded during this period by 40 %, which shows that the rate of growth became double overall. But after 2019 picture changed and finding is surprising. Here is my research work to overview the impact of pandemic on the full-service job in restaurants in New York City in 2020 by 2 sample t-test (took 2019 and 2020 monthly restaurant employment as my sample data). I also tried to quantify the relationship between two variables that is COVID-19 cases from starting of outbreak till December 2020 and the change in full-service restaurant job in NYC during that period through linear regression analysis.

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