Industry News | July 18, 2013
Restaurants Made Up 75% of Franchise Job Growth in June
U.S. private-sector franchise jobs increased by 27,910 during the month of June 2013, according to the ADP National Franchise Report.
This complimentary report, the first and only report of its kind, measures monthly changes in franchise employment derived from ADP’s actual transactional payroll data.
The report is produced by ADP, a leading provider of global human capital management solutions, in collaboration with Moody’s Analytics, Inc. and is published by the ADP Research Institute.
“During June 2013, U.S. franchise industries added a total of 27,910 jobs, an increase over the 19,160 jobs added in May,” says Ahu Yildirmaz, senior director of the ADP Research Institute.
“Most of the franchise industries measured by the ADP National Franchise Report recorded employment gains during the month of June 2013,” Yidirmaz adds. “Restaurants can be credited for the majority of the growth and are followed by, to a lesser extent, gas stations/auto repair shops, business services, and accommodations. In fact, restaurants added 75 percent of the total 27,910 private-sector franchise jobs last month.”
Restaurants added 21,010 franchise jobs in June, according to the report.
The July 2013 ADP National Franchise Reportwill be released at 10 a.m. ET on Wednesday, August 14, 2013.
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