There’s debate up and down the restaurant industry food chain. Plus, calculating how to alleviate the accountant shortage.
“Marketplace” host Kai Ryssdal talks with Nela Richardson at ADP and Rachel Siegel at the Washington Post about how the latest inflation data might affect the Federal Reserve’s interest rate policy, as well as the latest economic news.
The things we buy from China and Japan became cheaper in March, while prices rose on automotive goods and energy from Mexico and Canada.
Adrian Espinoza, owner of Empanada Club in Portland, Maine, talks about starting his business dealing with rising costs.
S&P Global Ratings found there’s also a rise in companies that default multiple times.
The industry is trying to reverse the decline in college students studying accounting with incentives like scholarships and mentoring.
“Now, it is leaner crews,” says one restaurant server, but a more stable income. Other states are watching how it plays out in the capital.