Positive Jobs Numbers Would Be Even Higher With Pro-growth Policies

November 04, 2011 // Franchising.com // WASHINGTON - Steve Caldeira, President & CEO of the International Franchise Association (IFA), the largest trade group representing more than 825,000 franchise small businesses across 300 business lines supporting nearly 18 million jobs, released the following statement following the October U.S. Department of Labor unemployment report showing 80,000 jobs were created and the unemployment rate falling to a 9.0 percent.

"Monthly job growth is certainly welcome news for franchise businesses, but there are still significant long-term challenges to the industry reaching its full potential for growth, including ongoing gaps in credit access necessary to finance new franchise establishments and a strong desire for tax reform at the corporate and individual level."

"Further, with unemployment of veterans still well-above the national average, the franchise industry will do its part in honor of Veterans Day, announcing a new hiring and recruitment campaign to offer returning veterans career paths in franchising, including increased employment opportunities and incentives for ownership of franchise businesses."

IFA's latest Business Leader Outlook Survey shows a majority of franchise business leaders continue to expect conditions to stay the same or worsen since the previous survey conducted in March. In the most recent data, only 47.3 percent said they expect their business to do better this year as compared to last year, down from 54.9 percent in March.

About the International Franchise Association

The International Franchise Association is the world's oldest and largest organization representing franchising worldwide. Celebrating over 50 years of excellence, education and advocacy, IFA works through its government relations, media relations and educational programs to protect, enhance and promote franchising. Through its media awareness campaign highlighting the theme, Franchising: Building Local Businesses, One Opportunity at a Time, IFA promotes the economic impact of the franchise industry, which supports nearly 18 million jobs and $2.1 trillion of economic output for the U.S. economy. IFA members include franchise companies in over 300 different business format categories, individual franchisees and companies that support the industry in marketing, law and business development.

###

Share this Story:

Comments:

comments powered by Disqus

Franchise News Room »


News By Industry »


Featured Opportunities

The Joint Corp.
The Joint® Chiropractic is reinventing chiropractic care. Our vision is to become the largest, most respected provider of chiropractic services...
Hungry Howie's Pizza
Hungry Howie's is currently EXPANDING! Top Markets are available for single or multiple unit development. Get the EDGE over the competition with...
Minuteman Press International
Minuteman Press is the world's largest & number 1 rated printing & marketing franchise. Our business model features multiple revenue streams,...
AAMCO Transmissions and Total Car Care
AAMCO franchisees benefit from joining a brand that has been in business for over 50 years. Our iconic, Double A, Beep Beep, M-C-O mnemonic brings...
the inside coup
the inside coup™ is a unique franchise opportunity in a multi billion dollar industry, Direct Mail.

Subscribe to Franchising.com Express

A Franchise Update Media Production
Franchise Update Media | P.O. Box 20547 // San Jose, CA 95160 // PH. (408) 402-5681
Copyright © 2001 - 2017. All Rights Reserved.

In Loving Memory Of Timothy Gardner (1987-2014)