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US: Restaurant Industry to Continue to Be Major Driver in Nation's Economy Through Sales, Employment Growth in 2008

added: 13-12-2007

Restaurant industry sales are expected to reach $558 billion in 2008 - a 4.4 percent increase over 2007 - and the industry will employ 13.1 million individuals in 945,000 restaurant-and-foodservice outlets, according to the National Restaurant Association's 2008 Restaurant Industry Forecast.

US: Employer Costs for Employee Compensation in September 2007

added: 13-12-2007

Employer costs for employee compensation for civilian workers averaged $28.03 per hour worked in September 2007, the U.S. Department of Labor’s Bureau of Labor Statistics reported.

US Job Openings and Labor Turnover in October 2007

added: 12-12-2007

On the last business day of October, there were 4.1 million job openings in the United States, and the job openings rate was 2.9 percent, the Bureau of Labor Statistics of the U.S. Department of Labor reported. The job openings, hires, and total separations rates were all essentially unchanged in October.

Retail Holiday E-Commerce Spending Hits $4.6 Billion During Week Ending

added: 12-12-2007

comScore, Inc. released an update of holiday season e-commerce spending for the first 39 days (November 1 - December 9) of the November - December 2007 holiday season. Nearly $19 billion has been spent online during the season-to-date, marking an 18-percent gain versus the corresponding days last year.

Americans Troubled About Finances Now But Optimistic About 2008

added: 12-12-2007

Americans have lost confidence in their personal level of financial security, but it does not seem to have dampened their optimism about the year ahead. That's according to the survey for this month's COUNTRY Financial Security Index. Despite a 1.1 point dip in the Index in December, 72 percent of Americans think next year will be the same or better for them financially.

Picture of U.S. Hiring Plans in Quarter 1 2008

added: 12-12-2007

Employers in the U.S. plan to maintain a steady approach toward hiring during the first quarter of 2008, according to the seasonally adjusted results of the latest Manpower Employment Outlook Survey conducted quarterly by Manpower Inc.

Real Estate Commissions to Hit $55 Billion By Year's End

added: 11-12-2007

Real estate agents and brokers will collect $55 billion in commissions during 2007, a $19 billion increase from 2000 figures, according to industry data collected by ForSaleByOwner.com.

More Than Half of Americans Say They Are Not Saving Adequately

added: 11-12-2007

More than half of Americans (52%) say that they currently cannot afford to save or are saving inadequately, according to a comprehensive survey of how Americans view their savings adequacy, major barriers to savings, and successful savings strategies planned and released by the Consumer Federation of America (CFA) and Wachovia.

Retail Holiday E-Commerce Spending Reaches $18 Billion for the Season, up 18 Percent Versus Year Ago

added: 10-12-2007

comScore, Inc. released an update of holiday season e-commerce spending for the first 37 days (November 1 - December 7) of the November - December 2007 holiday season. More than $18 billion has been spent online during the season-to-date, marking an 18-percent gain versus the corresponding days last year. Thursday, December 6 recorded $803 million in online sales, up 28 percent versus year ago, making it the heaviest online spending day in history.

US: Employment Situation in November 2007

added: 10-12-2007

Nonfarm payroll employment continued to trend up in November (94,000), and the unemployment rate held at 4.7 percent, the Bureau of Labor Statistics of the U.S. Department of Labor reported. Job growth continued in professional and technical services, health care, and food services. Employment continued to decline in manufacturing and also fell in several housing-related industries, including construction, credit intermediation, and real estate. Average hourly
earnings rose by 8 cents over the month.

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