ROSELAND, NJ--(Marketwired - Mar 4, 2015) - U.S. private-sector franchise jobs increased by 29,000 during the month of February, according to the ADP National Franchise Report®. 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®.
"Franchise job gains in February were up slightly from January and continued above the twelve-month average," said Ahu Yildirmaz, vice president and head of the ADP Research Institute. "Employment increased despite the fact that Restaurant jobs were down by almost half from last month."
February 2015 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.
February 2015 | ||||||||||
Monthly | Employment | Monthly | Contribution | Year- | 12 | |||||
Industry | ||||||||||
Total U.S. NonFarm Private Employment * | 211,780 | 118,926 | 0.2% | 2.5% | 0.2% | |||||
Small Business (1-49 Employees) | 93,690 | 49,752 | 0.2% | 2.6% | 0.2% | |||||
Total U.S. Franchise Employment | 29,010 | 8,456 | 0.3% | 100% | 3.8% | 0.3% | ||||
Restaurants | 8,720 | 4,299 | 0.2% | 30% | 4.0% | 0.3% | ||||
Auto Parts and Dealers | 6,620 | 1,282 | 0.5% | 23% | 5.3% | 0.4% | ||||
Business Services | 2,700 | 469 | 0.6% | 9% | 3.3% | 0.3% | ||||
Food Retailers | 2,440 | 181 | 1.4% | 8% | 3.9% | 0.3% | ||||
Gasoline Stations and Auto Repair | 2,120 | 431 | 0.5% | 7% | 0.0% | 0.0% | ||||
Other | 1,980 | 430 | 0.5% | 7% | 5.6% | 0.5% | ||||
Professional Services | 1,260 | 125 | 1.0% | 4% | 3.7% | 0.3% | ||||
Accommodations | 1,160 | 708 | 0.2% | 4% | 2.3% | 0.2% | ||||
Personal Care Retailers | 750 | 67 | 1.1% | 3% | 8.7% | 0.7% | ||||
Leisure | 710 | 92 | 0.8% | 2% | 4.1% | 0.3% | ||||
Building Material and Garden Equipment | 330 | 47 | 0.7% | 1% | 2.4% | 0.2% | ||||
Manufacturing | 150 | 23 | 0.7% | 1% | 2.6% | 0.2% | ||||
Rental | 150 | 34 | 0.5% | 1% | 2.8% | 0.2% | ||||
Personal Services | 80 | 109 | 0.1% | 0% | 1.5% | 0.1% | ||||
Real Estate | (60) | 90 | -0.1% | 0% | -0.7% | -0.1% | ||||
Education | (120) | 66 | -0.2% | 0% | 2.3% | 0.2% | ||||
* 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 March 2015 ADP National Franchise Report will be released at 8:15 a.m. ET on Wednesday, April 1, 2015. 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.