As I write this, 97% of the US population is under stay-at-home orders, which means that unless a person is an essential employee or performing an essential function, they must stay home. All 50 states are in a State of Emergency. The economic toll of the COVID-19 pandemic has been massive. Consumer spending is down and unemployment is the highest it has been since the Great Depression. Among the hardest hit businesses are restaurants and bars. In March, the National Restaurant Association predicted between 5 and 7 million jobs would be lost. That number represents around 40% of the jobs in that sector. The downturn will most certainly mean the closure of massive numbers of restaurants and bars. Industry magazine QSR estimates that 11% of restaurants will shut their doors in April alone.
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