TORONTO, May 2, 2013 /CNW/ - Ontario's $25 billion restaurant industry
is prepared to play a significant role to grow youth employment - a
priority in the 2013 Ontario Budget. Future labour shortages mean that
attracting and retaining youth is a priority for every business in
"Restaurants and other food service operators provide an excellent
training ground and long-term opportunities for youth looking for job
experience," says Stephanie Jones, Ontario Vice President for the
30,000-member Canadian Restaurant and Foodservices Association. "In an
industry with average profit margins of 3 per cent, restaurants are
encouraged by the decision today to hold the line on minimum wage which
would exacerbate the already low youth employment rate - identified at
50% in the 2013 budget."
Ontario's restaurant industry is a major source of youth and entry-level
jobs, providing nearly 188,000 young people under the age of 25 with
valuable job experience and workplace skills. In total, the industry
employs more than 425,000 Ontarians in a wide range of jobs, and in
"Restaurants are the number one provider of first jobs in Canada. No
other industry helps more students to pay their way through school or
works with more young people to develop valuable job skills," says CRFA
President and CEO Garth Whyte. "We look forward to working with the
Ontario government to increase youth employment."
Ontario's restaurant industry generates $25-billion annually in economic
activity and is the fourth-largest private-sector employer with more
than 425,000 direct jobs.
SOURCE: Canadian Restaurant and Foodservices Association
For further information:
CONTACT: Stephanie Jones, cell: (416) 738-9546 or Prasanthi Vasanthakumar, CRFA media contact (416) 649-4254 or firstname.lastname@example.org.