No industry has been more impacted by the COVID-19 crisis than the restaurant and hospitality industry. In just a matter of weeks, millions of workers across the United States have lost their jobs, and with no clear endpoint in sight, a return to normalcy remains uncertain.
In an effort to relieve some of that uncertainty and provide our customers and end-users with helpful information and resources to weather this storm, Fourth Now Powered by Fourth is launching a partnership with Server Life to bring you blogs, podcasts and perspectives from across the industry as we navigate this harrowing time together.
In this space, you’ll find links to the latest updates on what’s happening in the industry, from new legislative measures to relief funds and job listings for restaurant employees who have been impacted. Take a look below:
Latest News and Updates
Restaurant Relief Funds Struggling to Keep Up with Demand – Some of the many relief funds launched to assist restaurant employees are struggling to meet the unprecedented number of applications submitted by those impacted by the crisis. According to Eater, the James Beard Foundation’s Food and Beverage Industry Relief Fund has suspended its application process and Restaurant Opportunities Center United has temporarily paused applications as well. For more information, click here.
Resources to Generate or Supplement Income – This blog from Acceleration Partners compiles a helpful list of ideas for workers in need of a source of income, including a number of gig work opportunities. Click here to see the list.
National Restaurant Association Relief – The website for the National Restaurant Association’s Restaurant Employee Relief Fund (RERF), which crashed over the weekend, is back up and running. The fund is providing one-time $500 grants to restaurant workers who have lost their jobs or seen a decrease in wages because of the pandemic.
According to an announcement on its website, the fund is currently reviewing applications of those who submitted before the site crashed, as well as reaching out to more than 13,000 people who had applications in progress at the time of the crash.
The fund will begin accepting more applications on Friday, April 10, 2020. The site notes that an update regarding the new application process will be announced on Wednesday, April 8, 2020, at 12 p.m. EST. Click here for more information.
How to Apply for Unemployment Benefits – Are you a restaurant employee who lost your job due to the COVID-19 pandemic? In this helpful FAQ, Forbes outlines the basics of applying for unemployment benefits. Click here to learn more.
Fed Announces it Will Backstop Paycheck Protection Program Loans – After the Paycheck Protection Program’s (PPP) rocky launch on Friday, April 3, the Federal Reserve announced Monday that it will provide financing to banks and lenders who are processing the loans, according to Yahoo Finance.
The PPP, a key provision in the Coronavirus Aid, Relief and Economic Security Act, is designed to provide loans to small businesses with 500 or fewer employees as long as those employers commit to maintaining staffing and compensation levels. In order to keep employees throughout the crisis, these loans can cover up to eight weeks of payroll, mortgage and rent payments and utilities. For more information about the Paycheck Protection Program, check out our blog.
Click here to see a running list of both national and regional nonprofits and charitable organizations that are currently raising money to help restaurant workers who have lost their jobs because of the COVID-19 outbreak.
Click here to see a running list of major brands — including delivery chains, grocery stores, and pharmacies — that are currently hiring both part-time and full-time workers during the crisis.
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