Texas Roadhouse Inc (NASDAQ:TXRH) managed to end the last trading session with a gain of 1.27% that improved the technical structure just a bit. The daily average volume has seen a rise in the last few weeks and the volume of the last session at 657,000 must be interpreted keeping that in mind. The long term chart attached clearly shows the channel containing almost the entire uptrend for the last 2 years. All the major correction have found support from the lower boundary and it can be safely said that as long as the price remains in the channel, the uptrend remains intact.
Maria DeSimone was forty when she applied for a job at Texas Roadhouse Inc (NASDAQ:TXRH) in 2009. Her family required more income, so the mother of two, who possessed 2 years of restaurant experience, thought to return to job. A manager stated that he would get back to her. Unfortunately, it never happened and when she followed up, she was told the food-chain was not recruiting. She later got to know that the nineteen year old girl, who didn’t had any work experience, got the job.
The case
DeSimone is among fifty-five men and women termed as claimants in a legal case against the Texas Roadhouse by the Equal Employment Opportunity Commission in the U.S. The case, which started four years ago, states that Texas Roadhouse discriminated against employees forty and older by rejecting to employ them in front-of-house jobs as bartenders, servers and hosts.
Ray Peeler who is a senior EEOC attorney-adviser said that they are considering not just about the lawsuit at hand but it is more about influencing behavior in industry. Employers can’t think older applicants lack the excitement or energy or the necessary capabilities they are trying to capture.
The highlights
Age discrimination lawsuits are often about the exile of older employees. As increased number of middle-aged and senior women and men seek jobs, not getting an opportunity is a mounting problem. It is harder to justify age partiality on the hiring end. When a person is applying for a job, he is on the outside and typically don’t know the selected person.
Texas Roadhouse, with nearly 43,000 employees and over 450 locations in the U.S., is fighting the lawsuit, indicating that servers need to wear jeans, work weekends and evenings and must line dance while working in shifts.
