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A quarter-century ago, there were 56 teenagers in the labor force for every "limited service" restaurant — that is, the kind where you order at the counter.
Today, there are fewer than half as many, which is a reflection both of teenagers' decreasing work force participation and of the explosive growth in restaurants.
But in an industry where cheap labor is an essential component in providing inexpensive food, a shortage of workers is changing the equation upon which fast-food places have long relied. This can be seen in rising wages, in a growth of incentives, and in the sometimes odd situations that business owners find themselves in.
Too many restaurants, not enough teens to work in them.
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A Fast-Food Problem: Where Have All the Teenagers Gone?
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(Score: 1, Informative) by Anonymous Coward on Thursday July 19 2018, @05:45PM
There you go assuming someone did the math. Just because a lot of people do it, doesn't mean there not all losing money on it. I'm not saying they are, but people in general are bad at long term costs, maintenance, and taking account of everything involved. After all people still take loans out to buy new cars to drive into the ground for Uber.