U.S. Added 14,700 Franchise Jobs in May, According to ADP National Franchise Report
"Franchise job gains in May continued to be sluggish and were the lowest since February of last year," said Ahu Yildirmaz, vice president and head of the
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.
|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 *||200,500||119,425||0.2%||2.4%||0.2%|
|Small Business (1-49 Employees)||121,760||50,083||0.2%||2.7%||0.2%|
|Total U.S. Franchise Employment||14,720||8,528||0.2%||100%||3.6%||0.3%|
|Auto Parts and Dealers||2,360||1,320||0.2%||16%||6.5%||0.5%|
|Gasoline Stations and Auto Repair||350||433||0.1%||2%||0.0%||0.0%|
|Personal Care Retailers||160||68||0.2%||1%||7.9%||0.6%|
|Building Material and Garden Equipment||150||48||0.3%||1%||3.2%||0.3%|
|* 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|
About the ADP 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.
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
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® published each month by the
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