U.S. Added 30,830 Franchise Jobs in March, According to ADP National Franchise Report(SM)
16 Abril 2014 - 10:00AM
Marketwired
U.S. Added 30,830 Franchise Jobs in March, According to ADP
National Franchise Report(SM)
Restaurants and Auto Parts and Dealers Show Strong Rebound
ROSELAND, NJ--(Marketwired - Apr 16, 2014) - U.S. private-sector
franchise jobs increased by 30,830 during the month of March 2014,
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 30,830 new jobs in March, well above the
twelve-month average," said Ahu Yildirmaz, vice president and head
of the ADP Research Institute. "This strong growth was driven
primarily by rebounds in restaurants and auto parts and dealers as
the unusually harsh winter subsides."
March 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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MARCH 2014 |
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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 * |
191,430 |
|
116,068 |
|
0.2% |
|
2.0% |
|
0.2% |
|
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|
Small Business (1-49 Employees) |
72,070 |
|
48,722 |
|
0.1% |
|
2.1% |
|
0.2% |
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|
Total U.S. Franchise Employment |
30,830 |
|
8,184 |
|
0.4% |
100% |
3.2% |
|
0.3% |
|
Restaurants |
13,860 |
|
4,147 |
|
0.3% |
45% |
3.4% |
|
0.3% |
|
Auto Parts and Dealers |
8,460 |
|
1,232 |
|
0.7% |
27% |
2.8% |
|
0.2% |
|
Accommodations |
1,990 |
|
695 |
|
0.3% |
6% |
2.4% |
|
0.2% |
|
Other |
1,740 |
|
409 |
|
0.4% |
6% |
5.7% |
|
0.5% |
|
Business Services |
1,450 |
|
456 |
|
0.3% |
5% |
4.1% |
|
0.3% |
|
Gasoline Stations and Auto Repair |
1,350 |
|
433 |
|
0.3% |
4% |
2.1% |
|
0.2% |
|
Food Retailers |
590 |
|
175 |
|
0.3% |
2% |
3.2% |
|
0.3% |
|
Professional Services |
400 |
|
121 |
|
0.3% |
1% |
2.1% |
|
0.2% |
|
Personal Services |
370 |
|
108 |
|
0.3% |
1% |
4.0% |
|
0.3% |
|
Personal Care Retailers |
220 |
|
63 |
|
0.4% |
1% |
4.9% |
|
0.4% |
|
Education |
160 |
|
65 |
|
0.3% |
1% |
4.2% |
|
0.3% |
|
Rental |
130 |
|
33 |
|
0.4% |
0% |
0.4% |
|
0.0% |
|
Real Estate |
120 |
|
91 |
|
0.1% |
0% |
1.6% |
|
0.1% |
|
Building Material and Garden Equipment |
40 |
|
46 |
|
0.1% |
0% |
3.8% |
|
0.3% |
|
Manufacturing |
10 |
|
22 |
|
0.0% |
0% |
-0.1% |
|
0.0% |
|
Leisure |
(70) |
|
89 |
|
-0.1% |
0% |
2.7% |
|
0.2% |
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* 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 April 2014 ADP National Franchise Report will be
released at 9:00 a.m. ET on Wednesday, May 14, 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, and ADP Research Institute are registered
trademarks of ADP, Inc. The ADP National Franchise Report is a
service mark 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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