ROSELAND, N.J. (July 2, 2014) — U.S. private-sector franchise jobs increased by 33,330 during the month of June, according to the ADP National Franchise Report.
“In June, franchises added the most jobs for any month since December 2013,” said Ahu Yildirmaz, vice president and head of the ADP Research Institute. “The total number of jobs added was up over 50 percent from May. Auto parts and dealers doubled from the previous month.”
Auto parts and dealers added 10,210 jobs during the month to 1.25 million, representing a 3.1-percent year-over-year growth rate. Gas station and auto repair franchises added 660 jobs in June, ADP reported, for a total of 434,000, representing a 1.2-percent year-over-year growth rate.
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 in collaboration with Moody’s Analytics Inc. and is published by the ADP Research Institute.
With the threat of more tariffs looming, how concerned are you about a trade war?
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37% (53 votes)
|It will be good for the U.S.||
19% (27 votes)
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|Total votes: 143|