1851

It’s not just about the spread of the virus, rather the aftermath that has many employees worried about what happens next.According the <a href="https://www.cnn.com/2020/03/16/economy/job-losses-coronavirus/index.html?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchising-and-covid-19-cnn-reports-that-more-than-half-of-american-jobs-could-be-at-risk-because-of-coronavirus-2712529" target="_blank" rel="nofollow">CNN article,</a>&nbsp;it's probable that as many as 10 million of those workers could see some impact to their paychecks -- either layoffs, furloughs, fewer hours or wage cuts, said Mark Zandi, chief economist at Moody's Analytics, in the article.Experts are predicting that as many as 1 million jobs could be lost in the coming weeks. In March of 2009, 8000,000 jobs were lost.According to the article,&nbsp;because the United States is now in what is a virtual national hiring freeze, many of those losing their jobs will have trouble finding new ones. A weekly survey of 350 businesses by Moody's Analytics found that as recently as December 41% of businesses were hiring. As of a Friday survey, that's down to 12%.Zandi goes on to say:&nbsp;"I think large companies are going to be slower to lay off. They are going to try to get through this. But a lot of these small businesses don't have the cash to weather the storm. It's not obvious to me how we help them. It's tough for the government to try to get cash and credit to small businesses."This week, 1851 will be co-hosting a special Franchise Community Webinar on the Coronavirus and Franchise. Register here:&nbsp;<a href="https://mbf6e734.clickfunnels.com/webinar-registration1584137477175?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchising-and-covid-19-cnn-reports-that-more-than-half-of-american-jobs-could-be-at-risk-because-of-coronavirus-2712529" target="_blank" rel="nofollow">https://mbf6e734.clickfunnels.com/webinar-registration1584137477175</a>

Franchising and COVID-19: CNN reports that more than half of American Jobs could be at risk because of coronavirus

1851 Franchise

According to CNN, Nearly 80 million jobs in the US economy are at high or moderate risk today, according to analysis in the last week from Moody's Analytics. That's more than half of the 153 million jobs in the economy overall.

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Keke's Breakfast Cafe

image of keke's breakfast cafe franchise Jon Ahrendt and John Ehrhard

Jon Ahrendt and John Ehrhard To Share Insights on Franchise Growth and Work-Life Balance With Keke’s Breakfast Cafe in Upcoming Webinar

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Minuteman Press International

Minuteman Press franchise owners Karen Fraielli and Valerie Chanoux with their 25-year Award.

Minuteman Press Franchisees Celebrate 25+ Years in Warwick, RI

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Mellow Mushroom

Mellow Mushroom Ranks No. 1 in Customer Experience and Customer Loyalty Among Pizza Chains in MarketForce Casual Dining Report

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Benjamin Franklin Plumbing

Benjamin Franklin Plumbing - Jeff Hunter - Franchisee Feature - 1851 Franchise

Air Force Veteran Jeff Hunter Trades Corporate Life for a Successful Franchise Future with Benjamin Franklin Plumbing

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Comfort Keepers

From Coast to Heartland: Why One Comfort Keepers® Franchisee Keeps Expanding

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Franchising and COVID-19: CNN reports that more than half of American Jobs could be at risk because of coronavirus

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