The impact of outsourcing, mergers and layoffs is having an effect on workers, as more turn to self-employment and franchises as a means for job security. The International Franchise Association reports franchises account for 18 million jobs and nearly 10% of output in the private sector. Whittier Daily News (Calif.), The (10/23)
A survey reports that 81% of 399 businesses polled plan to increase tech spending an average of 20% in the next few years. Factors such as telecommuting, streamlining operations and high comfort levels with technology contribute to this spending trend, which is expected to drive economic growth. The New York Times (free registration)
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