10.18.21 Restaurants and the Labor Shortage / Privacy vs Telematics Tracking Drivers.

The Clark Howard Podcast

Clark Howard

Investing, Entrepreneurship, Business

4.6 • 4.9K Ratings

🗓️ 18 October 2021

⏱️ 27 minutes

🔗️ Recording | iTunes | RSS

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Summary

Restaurants and the service industries overall are enduring severe labor shortages for all to see. This is creating high anxiety. Patience is a virtue. / 16 years into telematics, only 2% of drivers allow themselves to be tracked. Do you want your every move tracked while driving? How one major insurer is pushing for it, plus, a tale of Tesla’s driver-assist testing. Ask Clark topics include: Why You Should Never Use a Debit Card To Pay for Anything - Clark / Submit a complaint | Consumer Financial Protection Bureau / 6 Best Ways To Send Money Online / Term Life vs. Whole Life Insurance / The Best Term Life Insurance Companies / MyChart | Powered by Epic / How To Prevent, Report and Repair Identity Theft \\ Want more money advice? Sign up for Clark’s free daily newsletter! Free Advice: Clark's Consumer Action Center Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	It's my pleasure to welcome you to the Clark Howard Show, our mission is to serve and empower
0:10.2	you to make better financial decisions in your life.
0:15.0	One thing that really helps us on our podcast are your reviews.
0:18.2	And here's one we recently received from Phil C. Nice siblings and I are tremendous
0:24.8	and loyal fans of the Clark Howard podcast trying to get my 22 and 18 year olds to become
0:30.9	listeners.
0:31.9	Well, good luck with that.
0:33.8	Love the show and the diversity of topics.
0:36.8	I listen when I walk which allows me to learn and exercise at the same time.
0:42.1	How perfect is that?
0:44.3	Thanks Phil.
0:45.3	In this episode I have a story I love about what one restaurant chain is doing to combat
0:51.4	the labor shortage.
0:53.1	And later I have news about your car insurer and maybe the manufacturer tracking your
0:59.1	driving.
1:01.0	So there was a story in the business press about raising cane.
1:08.1	It's a regional chicken chain that you may or may not be familiar with.
1:15.5	But Bloomberg reports that they are so short of labor that they're emptying out their
1:22.3	executive offices and sending the corporate types to work in the restaurants doing a variety
1:30.7	of things as fried cooks, cashiers and also doing labor recruiting.
1:37.6	Company has 530 locations.
1:40.6	They are 10,000 employees short right now.
	...

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