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September 20, 2013 02:00 AM

U.S. franchise job growth outpaces labor market

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    ROSELAND, N.J. (Sept. 20, 2013) — U.S. private-sector franchise jobs increased by 16,160 during August, according to a recognized job tracking report, but businesses in the gas station and auto repair segment lost 1,620 jobs during the month.

    The findings are reported in the ADP National Franchise Report, a monthly analysis produced by Automatic Data Processing Inc., a provider of human capital management, in collaboration with Moody's Analytics Inc.

    "Based on ADP data, the year-over-year job growth rate of the U.S. franchise industry has been outpacing the broader private sector job market by more than one-half of a percentage point," said Ahu Yildirmaz, senior director of the ADP Research Institute.

    "Over the past year, payroll expansion among restaurants and business services, such as temporary staffing agencies, has been the primary driver of U.S. franchise job growth. This past month was no exception, as restaurants generated more than half of all new franchise jobs in August."

    The matched sample used in the report is derived from ADP payroll data, representing 15,000 franchisors and franchisees employing nearly 1 million workers in the U.S., the company said.

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