ADP National Franchise Report: January 2014

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ADP National Franchise Report: January 2014

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U.S. Added 16,520 Franchise Jobs in January, According to ADP National Franchise Report

Franchise Restaurant Job Gains Weaken

“During the month of January, franchises created 16,520 new jobs, less than half the number created in December 2013,” said Ahu Yildirmaz, senior director of the ADP Research Institute. “Although still a net contributor with ten consecutive months of strong gains, job creation among franchise restaurants weakened notably in January compared to prior months. In fact, our data shows that last month’s franchise restaurant gains were significantly lower than the monthly average posted over the past 12 months,” Yildirmaz added.

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ADP National Franchise Report: January 2014 Infographic Transcript

  • 1. National Franchise Report JANUARY 2014 16,520 Change in U.S. franchise employment Franchise Employment Growth Accommodations Auto Parts & Dealers 780 Business Services 3,650 Food Retailers 3,000 Real Estate 430 Restaurants 100 5,570 Breakdown of Key Industries Industry Employment Change Current Month 6 Month Avg. Difference -/+ 780 1,260 Auto Parts and Dealers 3,650 2,500 Building Material and Garden Equipment (80) 140 3,000 1,400 Education 220 340 Food Retailers 430 320 110 Gasoline Stations and Auto Repair 800 220 580 Leisure (200) 580 Manufacturing 250 20 Personal Care Retailers 120 240 Personal Services 420 700 Professional Services (790) 70 - 860 Real Estate 100 230 - 130 Rental 100 (80) Restaurants 5,570 12,040 Other 2,150 1,990 TOTAL 16,520 21,960 Accommodations Business Services Sum of components may not equal total due to rounding ADP and the ADP logo are registered trademarks of ADP, Inc. The ADP National Franchise Report is a service mark of ADP, Inc. Copyright © 2014 ADP, Inc. - 480 1,150 - 220 1,600 - 120 - 780 230 - 120 - 280 180 - 6,470 160 - 5,440