Employment in occupations related to food preparation and service is expected to increase by 9% through 2029, almost as fast as the average for all occupations. Population growth and incomes are the main reason for this increased consumer demand for food, which translates into more restaurants and grocery stores. Growth projections for the food service industry and places to drink, both by number of employees and by production, from the Office of Labor and Statistics. The national labor force is expected to grow by 7.66% over the next ten years.
The food service and places to drink industry has the lowest projected labor force growth of 7.27%. Its projected 10-year production growth (21.4%) is lower than the projected domestic production growth (24.2%). & Food Services restaurants have a GINI salary of 0.487, higher than the national average of 0.478. While job opportunities should be good overall, they should be better for food service managers with several years of work experience in a restaurant or food service establishment. Estimates of the sources of costs and of the buyers of the products of the Food Services Industrial Group of 26% of restaurants.
Managers of food service establishments or cafeterias in schools, factories, or office buildings often work traditional business hours. The most common position is that of waiters, but the Restaurant Food Services Industrial Group & employs a relatively high number of food service managers compared to other sectors. Population and income growth are expected to translate into greater demand for food in a variety of dining establishments. Job seekers with a combination of work experience in food service and a degree in hospitality, restaurant or food service management should have an advantage in competing for jobs in upscale hotels and restaurants.
These programs may require participants to work on internships and have experiences related to the food industry in order to graduate. The highest paid occupations in restaurants, 26% of food services, according to the average salary, are other physical scientists, computer network architects and lawyers, 26% of judges, magistrates and 26% of other judicial workers. This line chart shows the projected 10-year growth in production in the food service industry and places to drink. Waiters represent most of the positions held in restaurants & Food Services, with 20.7%, followed by cooks with 17.6% and food service managers with 9.25%.
Managers who work for chain restaurants and food service management companies may need to complete programs that combine classroom instruction and on-the-job training. The food services industry group Restaurants & obtains most of its intermediate inputs, due to its share of the cost of all intermediate inputs, from the professional and business services industry. Food service managers, especially those who own their own restaurant, must understand every aspect of the restaurant business. Many colleges and universities offer bachelor's degree programs in restaurant and hospitality management or institutional food service management.