Unemployment worries take toll on spending

Unemployment worries take toll on spending

As consumers grow more nervous about unemployment and stay tight-fisted in their spending, a foodservice sales recovery, or an economic turnaround in general, will remain in the distance, a new report from Technomic Inc. suggests.

The current broad unemployment rate, which includes not only those who have lost their jobs, but also workers who are underemployed or discouraged, has reached 15.8 percent and is rising, according to a July Technomic report from the firm’s

Register to view the full article

Register to view this article

Hide comments


  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.