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We have data confirming our fear: full service restaurants in New York City are shedding jobs. It’s no surprise why. Increasing labor costs, burdensome regulations, and high rents are putting unprecedented economic pressure on our city’s small business owners. If NYS Governor Andrew Cuomo and the state legislature don’t want more vacant storefronts lining our city streets, and lost jobs, they must preserve the restaurant industry tip credit in its current form.
According to data from the state’s Department of Labor, in 2018, full-service restaurants recorded a -1.6% job loss, which is their first recorded annual