Economic Trends

The unemployment rate increased slightly in August, despite the economy adding another 315,000 jobs during the month. According to the Bureau of Labor Statistics (BLS), the unemployment rate in August was at 3.7 percent, up from the 3.5 percent recorded one month earlier. Despite the labor shortage, an additional 344,000 were added to the unemployment…

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Economic Trends

The curse of inflation continues to haunt the US economy with the Consumer Price Index showing no change month to month, but up 8.5% in July over July 2021. Overall prices were flat through July, with falling gasoline prices skewing the picture. Core CPI, which strips out food and energy prices, climbed 5.9% annually and…

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EWEA – Relieving the Labor Shortage?

At the Coalition of Franchisee Association (CFA) Day Forum in Washington DC last month, franchisee attendees focused on several initiatives with great potential to ease the ongoing critical labor shortage for small businesses. One such solution the attendees spoke about with members of Congress is the Essential Workers for Economic Advancement Act. This proposal (HR…

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“Dunkin’ Employee Experience”

That is the title of our next webinar in our DDIFO Wednesday Webinar series, and it’s coming next week on June 8 beginning at 1:00 PM. You can register now for this fun and creative presentation featuring Brand Managers Scott Barker and Scott Lambert of Business Member Paycor. During the Dunkin’ Employee Experience, we’ll take…

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DDIFO Webinars

The next DDIFO webinar in our Wednesday Webinar series is just a few days away. “Streamlining Your Hiring Process to Beat the Labor Shortage“ will be held next Wednesday, June 1, 2022 at 3:00 PM EDT. This is the same program featuring Josh Smith, hiring specialist with Workstream, that we had scheduled a few weeks…

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DDIFO Webinars

Regrettably, technical issues prevented us from going ahead with our scheduled webinar, “Streamlining Your Hiring Process to Beat the Labor Shortage“ earlier this week, but DDIFO Business Member Workstream was kind enough to reschedule with us for Wednesday, June 1, 2022 at 3:00 PM EDT. The program will feature Josh Smith, hiring specialist with Workstream.…

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DDIFO Webinars

You now only have a few days left before the next DDIFO webinar takes place next Wednesday, May 18 at 3:00 PM EDT. At that time, we’ll present “Streamlining Your Hiring Process to Beat the Labor Shortage” featuring Josh Smish of DDIFO Business Member Workstream. With the current state of hiring, franchisees need any and…

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DDIFO Webinars

We will be sponsoring another couple of webinars over the next few weeks that you’ll want to get on your calendar and register to attend. In just 10 days, on May 18 at 3:00 PM EDT, we’ll present “Streamlining Your Hiring Process to Beat the Labor Shortage” featuring Josh Smish of DDIFO Business Member Workstream.…

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Labor Shortage Bill Filed

Although certainly not a silver bullet, legislation was filed late last month to help franchisees address the current labor shortage. The Essential Worker for Economic Advancement Act (EWEA) was filed by Representative Lloyd Smucker (R-PA-11) on March 28. EWEA would create a three-year H-2C visa program for nonimmigrant service workers who would fill nonagricultural jobs…

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Economic Trends

As inflation continues to reach highs it hasn’t hit in over 40 years – the Consumer Price Index (CPI) is at 8.5% annualized – the outlook for ending the labor shortage anytime soon doesn’t look any better. The unemployment rate dropped to 3.6% at the end of March, while net restaurant employment rose by 61,000…

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