ADP National Franchise Report: October 2013

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ADP National Franchise Report: October 2013

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U.S. adds 25,060 Franchise Jobs in October, According to ADP National Franchise Report ...

U.S. adds 25,060 Franchise Jobs in October, According to ADP National Franchise Report

Franchise Industry Shows Healthy Job Gains Compared to Prior Months

“Franchise industry payrolls showed encouraging growth during the month of October as more than 25,000 jobs were added across a variety of industries,” said Ahu Yildirmaz, senior director of the ADP Research Institute. “October’s gains were well above recent months and the 12-month average monthly growth rate. Restaurants accounted for more than 40 percent of the franchise jobs added last month, while the auto-related categories of auto parts and dealers, and gas stations and auto repair shops together added more than 20 percent. The franchise industry’s job creation this month represents 20 percent of the total employment growth, as reported in the October ADP National Employment Report.”

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  • 1. National Franchise Report OCTOBER 2013 25,060 Change in U.S. franchise employment Franchise Employment Growth Accommodations Auto Parts & Dealers 2,070 Business Services 1,430 5,150 Food Retailers Real Estate 710 Restaurants 510 11,520 Breakdown of Key Industries Industry Employment Change Current Month 6 Month Avg. Difference -/+ Accommodations 2,070 1,130 Auto Parts and Dealers 5,150 2,340 Building Material and Garden Equipment 70 110 1,430 1,240 190 Education 580 320 260 Food Retailers (710) 380 Gasoline Stations and Auto Repair 140 180 - 40 Leisure (790) 170 -960 Manufacturing 140 (20) Personal Care Retailers 70 180 Personal Services 920 330 590 1,220 600 620 Real Estate 510 130 Rental (120) (30) Restaurants 11,520 9,790 Other 2,870 2,000 TOTAL 25,060 18,860 Business Services Professional 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 © 2013 ADP, Inc. 940 2,810 - 40 -1,090 160 -110 380 - 90 1,730 870 6,200