Food Service Industry Shows Strong Job Growth While Retail Was Down

The food services industry showed solid growth in employment, but still down 2.5 million jobs, says Phil Noftsinger of CBIZ, Inc. He says other industries such as accounting and construction are showing only mild growth. There were jobs lost in grocery stores, says Elizabeth Crofoot of The Conference Board. It takes time to make quality matches in the labor market between workers and employers, adds Elizabeth. Phil thinks we need to be careful in what type of fiscal policy is layered in, such as increased corporate tax rates.

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04 Jun 2021

ON AIR
7:00 am
Market Overtime
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12:00 am
Market Overtime
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12:30 am
Weekend Trader
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1:00 am
Fast Market
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2:00 am
Your First Trade
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3:00 am
Virtual Trade
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3:30 am
Virtual Trade
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4:00 am
Market Overtime
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4:30 am
Weekend Trader
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5:00 am
Fast Market
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6:00 am
Your First Trade
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7:00 am
Market Overtime
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7:30 am
Weekend Trader
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8:00 am
Your First Trade
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9:00 am
Fast Market
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10:00 am
Market Overtime
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10:30 am
Weekend Trader
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11:00 am
Virtual Trade
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11:30 am
Virtual Trade
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12:00 pm
Fast Market
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1:00 pm
Your First Trade
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2:00 pm
Market Overtime
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2:30 pm
Weekend Trader
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3:00 pm
Virtual Trade
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3:30 pm
Virtual Trade
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4:00 pm
Fast Market
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5:00 pm
Market Overtime
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5:30 pm
Weekend Trader
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6:00 pm
Your First Trade
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7:00 pm
Virtual Trade
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7:30 pm
Virtual Trade
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8:00 pm
Fast Market
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9:00 pm
Market Overtime
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Weekend Trader
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10:00 pm
Fast Market
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11:00 pm
Your First Trade
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Food Service Industry Shows Strong Job Growth While Retail Was Down

The food services industry showed solid growth in employment, but still down 2.5 million jobs, says Phil Noftsinger of CBIZ, Inc. He says other industries such as accounting and construction are showing only mild growth. There were jobs lost in grocery stores, says Elizabeth Crofoot of The Conference Board. It takes time to make quality matches in the labor market between workers and employers, adds Elizabeth. Phil thinks we need to be careful in what type of fiscal policy is layered in, such as increased corporate tax rates.

The Watch List

04 Jun 2021

ON AIR
7:00 am
Market Overtime
replay
12:00 am
Market Overtime
REPLAY
12:30 am
Weekend Trader
REPLAY
1:00 am
Fast Market
REPLAY
2:00 am
Your First Trade
REPLAY
3:00 am
Virtual Trade
REPLAY
3:30 am
Virtual Trade
REPLAY
4:00 am
Market Overtime
REPLAY
4:30 am
Weekend Trader
REPLAY
5:00 am
Fast Market
REPLAY
6:00 am
Your First Trade
REPLAY
ON AIR
7:00 am
Market Overtime
REPLAY
7:30 am
Weekend Trader
REPLAY
8:00 am
Your First Trade
REPLAY
9:00 am
Fast Market
REPLAY
10:00 am
Market Overtime
REPLAY
10:30 am
Weekend Trader
REPLAY
11:00 am
Virtual Trade
REPLAY
11:30 am
Virtual Trade
REPLAY
12:00 pm
Fast Market
REPLAY
1:00 pm
Your First Trade
REPLAY
2:00 pm
Market Overtime
REPLAY
2:30 pm
Weekend Trader
REPLAY
3:00 pm
Virtual Trade
REPLAY
3:30 pm
Virtual Trade
REPLAY
4:00 pm
Fast Market
REPLAY
5:00 pm
Market Overtime
REPLAY
5:30 pm
Weekend Trader
REPLAY
6:00 pm
Your First Trade
REPLAY
7:00 pm
Virtual Trade
REPLAY
7:30 pm
Virtual Trade
REPLAY
8:00 pm
Fast Market
REPLAY
9:00 pm
Market Overtime
REPLAY
9:30 pm
Weekend Trader
REPLAY
10:00 pm
Fast Market
REPLAY
11:00 pm
Your First Trade
REPLAY

Get Market Minute

Daily insights for every investor

FOLLOW US