Franchises Add 26,000 New Jobs as U.S. Jobs and Wages Soar

U.S. franchise owners hired at an above-average pace in January while the U.S. economy outstripped expectations with 257,000 new jobs created and a gain in wage growth. The pace of hiring is one of the best economic indicators – it Continue reading Franchises Add 26,000 New Jobs as U.S. Jobs and Wages Soar

Lawsuit May Test McDonald’s ‘Joint-Employer’ Franchise Designation

A new wrongful-termination lawsuit brought by 10 former McDonald’s workers in Virginia may test last year’s efforts by the National Labor Relations Board to classify McDonald’s corporate entity as a “joint employer” responsible for its franchisee’s local operations. One former NLRB Continue reading Lawsuit May Test McDonald’s ‘Joint-Employer’ Franchise Designation

Franchise Industry Expects To Grow Faster Than U.S. Economy in 2015

Franchise businesses are expected to grow and create more jobs at a faster pace than the rest of the economy in 2015 for the fifth consecutive year, according to the International Franchise Association’s annual Economic Outlook report for 2015. But Continue reading Franchise Industry Expects To Grow Faster Than U.S. Economy in 2015

Franchises Add 38k Jobs in Dec., Outpacing Broader Economy

U.S. private-sector franchise jobs increased by 38,000 during the month of December, growing faster than the rest of the economy. with restaurants doubling the number of new The ADP National Franchise Report, drawn from payroll data, also saw restaurant franchises Continue reading Franchises Add 38k Jobs in Dec., Outpacing Broader Economy

Economic Climate Strong for Franchise Investment As Year Draws to a Close

The U.S. economy continued to log strong gains this month, painting a picture of growth amid positive signs for small-business and franchise investment in the new year. Topping the list of franchise news is the big picture for the U.S. Continue reading Economic Climate Strong for Franchise Investment As Year Draws to a Close

Franchises Outpace U.S. Job Growth As Unemployment Drops to 6-Year Low

Job growth tops franchise news and general economy news this week, with multiple reports showing strong gains on multiple fronts. The U.S. generated 214,000 new jobs in October and dropped the unemployment rate down to a six-year low of 5.8%, Continue reading Franchises Outpace U.S. Job Growth As Unemployment Drops to 6-Year Low