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U.S. Adds Jobs, Says ADP Report

[ 0 ] Feb. 20, 2014 | SBO Editor

ADP reports growth

The U.S. is adding jobs, says ADP. U.S. private-sector franchise jobs increased by 16,520 during the month of January 2014, according to the ADP National Franchise ReportSM. 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®.

“During the month of January, franchises created 16,520 new jobs, less than half the number created in December 2013,” said Ahu Yildirmaz, senior director of the ADP Research Institute.  “Although still a net contributor with ten consecutive months of strong gains, job creation among franchise restaurants weakened notably in January compared to prior months.  In fact, our data shows that last month’s franchise restaurant gains were significantly lower than the monthly average posted over the past 12 months,” Yildirmaz added.

January 2014 ADP National Franchise Report Highlights

Click here to access the ADP National Franchise Report Infograph

The February 2014 National Franchise Report will be released at 9:00 a.m. ET on Wednesday, March 19, 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.

To obtain information about the National Employment Report® and the  Regional Employment ReportSM, including charts, supporting data and the schedule of future release dates, or to subscribe to the monthly email alerts and RSS feeds, please visit www.ADPemploymentreport.com.

About the National Franchise Report

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.

 

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Category: Features