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| home » Breaking News | November 7, 2009 | ||||||||
Sorry, you must log in to view and download documents. Subscribe now! Or log in at right >>>>> National Economic Trends [November 06, 2009] Economy Shed Jobs for the 22nd Consecutive Month Job losses continued at a steady rate in October, according to preliminary figures from the Bureau of Labor Statistics. The national economy lost a net 190,000 jobs in October on a seasonally-adjusted basis, after shedding 219,000 jobs in September... More » National Economic Trends [November 06, 2009] Number of Longer-term Unemployed Individuals Rose to Another Record Level in October The national unemployment rate rose from 9.8 percent in September to 10.2 percent in October, with the total number of unemployed individuals in the labor force rising to 15.7 million. In addition, the number of individuals that have been unemployed for more than six months soared to a new record high... More » Restaurant Employment Trends [November 06, 2009] Eating and Drinking Places Cut Jobs for the 4th Consecutive Month in October; 125,000 Jobs Since Beginning of Downturn The restaurant industry shed jobs for the fourth consecutive month in October, according to preliminary figures from the Bureau of Labor Statistics. Eating and drinking places – the primary component of the restaurant industry which accounts for roughly three-fourths of the total restaurant and foodservice workforce – lost 6,400 jobs in October on a seasonally-adjusted basis... More » Restaurant Employment Trends [November 06, 2009] Restaurant Industry Staffing Trends Were Mixed in Recent Months Within the restaurant industry, employment trends were mixed in recent months, according to figures from the Bureau of Labor Statistics. The fullservice segment shed jobs at a 0.8 percent rate between September 2008 and September 2009, while limited-service restaurant employment declined 0.5 percent during the same period. In contrast, snack and nonalcoholic beverage bars – including coffee, donut and ice cream shops – posted a 1.3 percent employment gain between September 2008 and September 2009... More » Wage & Hour Trends [November 06, 2009] Average Restaurant Employee Workweek Continues to Decline The average workweek of restaurant industry employees remains on pace to decline for the fourth consecutive year in 2009, according to figures from the Bureau of Labor Statistics. The average weekly hours worked by non-supervisory employees at eating and drinking places stood at 23.7 in September 2009 – down 1.7 percent from an average of 24.1 hours worked in September 2008... More » |
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