U.S. Added 22,020 Franchise Jobs in May, According to ADP National Franchise Report(SM)
18 Junho 2014 - 10:00AM
Marketwired
U.S. Added 22,020 Franchise Jobs in May, According to ADP National
Franchise Report(SM)
Restaurants and Auto Parts and Dealers Continue to Lead in Jobs
Added
ROSELAND, NJ--(Marketwired - Jun 18, 2014) - U.S. private-sector
franchise jobs increased by 22,020 during the month of May,
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®.
"Franchises created 22,020 new jobs in May, almost one-third
less than a very strong April," said Ahu Yildirmaz, vice president
and head of the ADP Research Institute. "However, the May
number is still above the twelve-month average for franchise jobs
created, a sign of continuing progress."
May 2014
ADP National Franchise
Report Highlights
Click here to access the ADP National Franchise Report
Infographic
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. This chart
also reflects changes in small business employment to help
illustrate the correlation between small businesses overall and
franchises.
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May 2014 |
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Industry |
Monthly Employment Change |
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Employment Level (Thousands) |
|
Monthly Growth Rate (%) |
|
Contribution to Monthly Growth (%) |
|
Year-Over-Year Growth Rate (%) |
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|
12 Month Average Growth Rate (%) |
|
Total U.S. NonFarm Private Employment
* |
179,490 |
|
|
116,484 |
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0.2 |
% |
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|
2.1 |
% |
|
0.2 |
% |
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Small Business (1-49 Employees) |
81,720 |
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48,889 |
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0.2 |
% |
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2.1 |
% |
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0.2 |
% |
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Total U.S. Franchise Employment |
22,020 |
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8,231 |
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0.3 |
% |
100 |
% |
3.2 |
% |
|
0.3 |
% |
|
Restaurants |
9,820 |
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|
4,177 |
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0.2 |
% |
45 |
% |
3.4 |
% |
|
0.3 |
% |
|
Auto Parts and Dealers |
4,990 |
|
|
1,238 |
|
0.4 |
% |
23 |
% |
2.2 |
% |
|
0.2 |
% |
|
Food Retailers |
1,720 |
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|
177 |
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1.0 |
% |
8 |
% |
4.3 |
% |
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0.3 |
% |
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Other |
1,450 |
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413 |
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0.4 |
% |
7 |
% |
6.0 |
% |
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0.5 |
% |
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Accommodations |
1,000 |
|
|
696 |
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0.1 |
% |
5 |
% |
2.2 |
% |
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0.2 |
% |
|
Personal Services |
990 |
|
|
110 |
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0.9 |
% |
4 |
% |
6.6 |
% |
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0.5 |
% |
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Gasoline Stations and Auto Repair |
690 |
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433 |
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0.2 |
% |
3 |
% |
1.6 |
% |
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0.1 |
% |
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Business Services |
680 |
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|
457 |
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0.1 |
% |
3 |
% |
3.4 |
% |
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0.3 |
% |
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Leisure |
610 |
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|
90 |
|
0.7 |
% |
3 |
% |
4.0 |
% |
|
0.3 |
% |
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Personal Care Retailers |
590 |
|
|
63 |
|
0.9 |
% |
3 |
% |
5.1 |
% |
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0.4 |
% |
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Building Material and Garden Equipment |
180 |
|
|
46 |
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0.4 |
% |
1 |
% |
3.2 |
% |
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0.3 |
% |
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Manufacturing |
150 |
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|
22 |
|
0.7 |
% |
1 |
% |
1.5 |
% |
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0.1 |
% |
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Rental |
110 |
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34 |
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0.3 |
% |
0 |
% |
0.5 |
% |
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0.0 |
% |
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Real Estate |
20 |
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|
91 |
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0.0 |
% |
0 |
% |
1.7 |
% |
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0.1 |
% |
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Education |
(50 |
) |
|
65 |
|
-0.1 |
% |
0 |
% |
4.1 |
% |
|
0.3 |
% |
|
Professional Services |
(930 |
) |
|
121 |
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-0.8 |
% |
-4 |
% |
1.4 |
% |
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0.1 |
% |
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* ADP National Employment Report |
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Note: Sum of components may not equal total due to
rounding. Industries are ranked based on monthly contribution to
Total Franchise Employment |
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The June 2014 ADP National Franchise Report will be
released at 8:15 a.m. ET on Wednesday, July 2 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.
About the ADP National Franchise Report(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."
For information about the ADP National Employment Report® and
ADP Regional Employment Report(SM) published each month by the ADP
Research Institute, please visit:
http://www.adpemploymentreport.com/.
About Moody's Analytics Moody's Analytics helps capital markets
and risk management professionals worldwide respond to an evolving
marketplace with confidence. The company offers unique tools and
best practices for measuring and managing risk through expertise
and experience in credit analysis, economic research and financial
risk management. By providing leading-edge software, advisory
services and research, including the proprietary analysis of
Moody's Investors Service, Moody's Analytics integrates and
customizes its offerings to address specific business challenges.
Moody's Analytics is a subsidiary of Moody's Corporation (NYSE:
MCO), which reported revenue of $3.0 billion in 2013, employs
approximately 8,400 people worldwide, and has a presence in 31
countries. More information is available at
www.moodysanalytics.com.
About ADP With more than $11 billion in revenues and more than
60 years of experience, ADP® (NASDAQ: ADP) serves approximately
620,000 clients in more than 125 countries. As one of the
world's largest providers of business outsourcing and human capital
management solutions, ADP offers a wide range of human resource,
payroll, talent management, tax and benefits administration
solutions from a single source, and helps clients comply with
regulatory and legislative changes, such as the Affordable Care Act
(ACA). ADP's easy-to-use solutions for employers provide
superior value to companies of all types and sizes. ADP is
also a leading provider of integrated computing solutions to auto,
truck, motorcycle, marine, recreational vehicle, and heavy
equipment dealers throughout the world. For more information
about ADP visit the company's Web site at www.adp.com.
The ADP logo, ADP, ADP National Employment Report and ADP
Research Institute are registered trademarks of ADP, Inc. The ADP
National Franchise Report and ADP Regional Employment Report are
service marks of ADP, Inc. All other marks are the property of
their respective owners. Copyright © 2014 ADP, Inc.
Media Contact: Dick Wolfe ADP (973) 974-7034
Dick.Wolfe@adp.com
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