By Ethan Dewitt, New Hampshire Bulletin
Whether congressional lawmakers ever pass an increase to $7.25 federal minimum wage remains an open question. But if it does happen, New Hampshire tipped employees will not see a proportionate wage hike.
By Jonathan Phelps, New Hampshire Union Leader
New Hampshire’s labor shortage has created more than just an internal struggle for employers.
Customers are feeling the pinch, too.
Even as COVID-19 restrictions lift, vaccination rates increase and business rebounds, restaurants and entertainment venues have reduced hours because they can’t fill shifts.
The labor force is tighter than before the pandemic. Besides reduced hours, drawbacks to the sudden return to business include increased wait times at restaurants and higher prices.
To draw more candidates, companies are offering bonuses as never before, conducting on-the-spot interviews and relaxing policies on tattoos and piercings.
By Carol Robidoux, Manchester InkLink
MANCHESTER, NH – When COVID-19 landed in the U.S. in one of the hardest-hit industries was restaurants. Many were forced to close with no notice, leaving many workers suddenly unemployed. Although some businesses were able to pivot to take-out and slowly recover some of what was lost, or apply for Paycheck Protection Program loans to keep their workforc, the government in 2021 established the Restaurant Revitalization Fund, a $28.6 billion fund administered by the U.S. Small Business Administration to help those eligible businesses that were still standing to rebound.
The program, which is no longer taking applications according to the SBA website, has provided restaurants with funding equal to their pandemic-related revenue loss up to $10 million per business and no more than $5 million per physical location. Recipients are not required to repay the funding as long as funds are used for eligible uses no later than March 11, 2023. Funds were approved in June.
As of Jun 30, there were 101,004 U.S. businesses approved for $28,574,979,472 in Revitalization funds. Of those, there were 418 NH restaurants approved for $90,697,690.
Below are the 40 restaurants in Manchester that received a total of $7,977,668 in funding, followed by the complete list of NH restaurants on the list of recipients.
By Bob Sanders, NH Business Review
Some 418 New Hampshire restaurants will receive a total of more than $90 million through the federal Restaurant Revitalization Fund, an average of $217,000 per establishment, according to U.S. Small Business Administration figures released Tuesday. That’s the good news.
The bad news is that 591 Granite State restaurants that applied for help didn’t receive anything at all, giving the state a grant approval rate of 41.4% – and that’s one of the better rates in the country.
The figures are based on approvals through June 30, shortly before the program stopped accepting applications because it ran out of money.