Europeans are saving money by drinking at home rather than in pubs, which is costing jobs in the hospitality industry and depressing tax revenue, according to the study by Ernst & Young, which was paid for by the Brewers of Europe, an industry group.The magnification means that an 8% decline in pub sales works out to a 12% decline in beer industry employment. The figures were worse in Greece, where a five-liter decline in consumption led to a 15% crash in beer industry employment. The lesson is, as always, the same: drink your beer.
The shift to home consumption has a disproportionate effect on unemployment, because 73 percent of jobs associated with the European beer industry are outside breweries. They are found instead in bars, hotels and restaurants.
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