ROSELAND, NJ--(Marketwired - Jan 22, 2014) - U.S. private-sector franchise jobs increased by 30,250 during the month of December 2013, according to the ADP National Franchise Report(SM). Broadly distributed to the public each month free of charge, the ADP National Franchise Report measures monthly changes in franchise employment derived from ADP's actual transactional payroll data. The report is produced by ADP®, a leading global provider of Human Capital Management (HCM) solutions, in collaboration with Moody's Analytics, Inc. and is published by the ADP Research Institute®.
"Job creation in the franchise industry showed encouraging activity in December, posting the overall strongest gain in nine months," said Ahu Yildirmaz, senior director of the ADP Research Institute. "Throughout 2013, the franchise industry added 229,000 new jobs, which represents nearly 11 percent of all new jobs created in the U.S., based on our data. Year over year, the rate of employment growth among franchise businesses was 2.9 percent, outpacing the national average of 1.9 percent by a full percentage point."
December 2013 ADP National Franchise Report Highlights
Click here to access the ADP National Franchise Report Infograph
The table below presents U.S. franchise employment growth over time, measuring current month growth, year-over-year changes, and the average monthly growth rate over the past 12 months.
DECEMBER 2013 | ||||||||||
Industry | Monthly Employment Change | Employment Level (Thousands) | Monthly Growth Rate (%) | Contribution to Monthly Growth (%) | Year-Over-Year Growth Rate (%) | 12 Month Average Growth Rate (%) | ||||
Total U.S. NonFarm Private Employment * | 238,190 | 114,777 | 0.2% | 1.9% | 0.2% | |||||
Total U.S. Franchise Employment | 30,250 | 8,110 | 0.4% | 100% | 2.9% | 0.2% | ||||
Restaurants | 23,280 | 4,120 | 0.6% | 77% | 3.2% | 0.3% | ||||
Gasoline Stations and Auto Repair | 3,300 | 428 | 0.8% | 11% | 0.9% | 0.1% | ||||
Accommodations | 3,210 | 690 | 0.5% | 11% | 2.0% | 0.2% | ||||
Business Services | 1,680 | 448 | 0.4% | 6% | 4.1% | 0.3% | ||||
Other | 1,510 | 402 | 0.4% | 5% | 4.4% | 0.4% | ||||
Personal Services | 890 | 107 | 0.8% | 3% | 3.8% | 0.3% | ||||
Leisure | 770 | 89 | 0.9% | 3% | 3.7% | 0.3% | ||||
Personal Care Retailers | 410 | 61 | 0.7% | 1% | 4.3% | 0.3% | ||||
Food Retailers | 330 | 174 | 0.2% | 1% | 2.3% | 0.2% | ||||
Professional Services | 320 | 122 | 0.3% | 1% | 1.6% | 0.1% | ||||
Education | 290 | 65 | 0.5% | 1% | 4.6% | 0.4% | ||||
Building Material and Garden Equipment | 240 | 46 | 0.5% | 1% | 3.6% | 0.3% | ||||
Real Estate | 230 | 91 | 0.3% | 1% | 1.7% | 0.1% | ||||
Rental | (20) | 33 | -0.1% | 0% | -1.5% | -0.1% | ||||
Manufacturing | (80) | 22 | -0.4% | 0% | -0.8% | -0.1% | ||||
Auto Parts and Dealers | (6,120) | 1,213 | -0.5% | -20% | 2.4% | 0.2% | ||||
* ADP National Employment Report | ||||||||||
Note: Sum of components may not equal total due to rounding. Industries are ranked based on monthly contribution to Total Franchise Employment | ||||||||||
The January 2014 ADP National Franchise Report will be released at 9:00 a.m. ET on Wednesday, February 19, 2014. A schedule of future release dates, as well as additional information about franchise employment, charts on monthly job growth and employment levels, and historical data is available at www.ADPemploymentreport.com.
To obtain information about the ADP National Employment Report® and the ADP Regional Employment Report(SM), including charts, supporting data and the schedule of future release dates, or to subscribe to the monthly email alerts and RSS feeds, please visit www.ADPemploymentreport.com.
About the ADP National FranchiseReport(SM)
The ADP National Franchise Report, the first and only report of its kind, is a monthly measure of the change in total U.S. nonfarm private franchise employment derived from actual, anonymous payroll data of client companies served by ADP®, a leading provider of human capital management solutions. The matched sample used to develop the ADP National Franchise Report is derived from ADP payroll data, which represents 15,000 Franchisors and Franchisees employing nearly one million workers in the U.S.
The ADP National Franchise Report is published by the ADP Research Institute®, a specialized group within ADP that provides insights around employment trends and workforce strategy, in collaboration with Moody's Analytics, Inc.
Each month, ADP issues the ADP National Franchise Report as part of the company's commitment to adding deeper insights into the U.S. labor market and providing businesses, governments and others with a source of credible and valuable information. The ADP National Franchise Report is broadly distributed to the public each month, free of charge.
For a description of the underlying data and the statistical model used to create this report, please see "ADP National Franchise Report: Development Methodology."
About Moody's Analytics
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