Economic Trends Market Trends Operator Trends The Ashton Report

Restaurant And Hotel Wage And Benefit Increases Continued To Moderate 4Q-23

 class=
 class=

While the average leisure and hospitality wage-rate data in the most recent jobs reports from the Bureau of Labor Statistics was muddy because of revisions, that in the 4Q-23 “Employment Cost Index” from the BLS was not: both wages and benefit increases continued to fall.   For the 12 months ended 4Q-23 the gain in…

This content is for registered members of The Ashton Report or paid subscribers to The Ashton Report Insider only. Please register by clicking on the button below to get full access.

Register
Already a member? Log in here

About the author

The Ashton Report