ROSELAND, NJ--(Marketwired - Jun 2, 2016) - U.S. private-sector franchise jobs increased by 19,400 during the month of May,
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® in collaboration with Moody's Analytics, Inc. and is published by the ADP Research Institute®.
"Franchise employment growth in May was up by one-third compared to April," said Ahu Yildirmaz, vice president and head of the
ADP Research Institute. "However, this is well below the average of 27,000 jobs added per month over the last twelve
months."
May 2016 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.
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| May 2016 |
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Industry |
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 * |
173,000 |
|
121,829 |
|
0.1% |
|
2.0% |
|
0.2% |
| |
|
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|
|
|
|
|
|
| Small Business (1-49 Employees) |
76,000 |
|
51,160 |
|
0.1% |
|
2.0% |
|
0.2% |
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|
| Total U.S. Franchise Employment |
19,400 |
|
8,360 |
|
0.2% |
100% |
4.1% |
|
0.3% |
| |
Restaurants |
16,790 |
|
4,364 |
|
0.4% |
87% |
5.8% |
|
0.5% |
| |
Gasoline Stations and Auto Repair |
1,440 |
|
383 |
|
0.4% |
7% |
1.5% |
|
0.1% |
| |
Business Services |
730 |
|
458 |
|
0.2% |
4% |
0.3% |
|
0.0% |
| |
Auto Parts and Dealers |
570 |
|
1,272 |
|
0.0% |
3% |
4.4% |
|
0.4% |
| |
Food Retailers |
420 |
|
152 |
|
0.3% |
2% |
2.4% |
|
0.2% |
| |
Personal Services |
420 |
|
149 |
|
0.3% |
2% |
14.6% |
|
1.1% |
| |
Accommodations |
360 |
|
653 |
|
0.1% |
2% |
1.0% |
|
0.1% |
| |
Personal Care Retailers |
310 |
|
78 |
|
0.4% |
2% |
3.6% |
|
0.3% |
| |
Building Material and Garden Equipment |
130 |
|
57 |
|
0.2% |
1% |
4.5% |
|
0.4% |
| |
Professional Services |
10 |
|
98 |
|
0.0% |
0% |
2.7% |
|
0.2% |
| |
Manufacturing |
- |
|
9 |
|
0.0% |
0% |
2.4% |
|
0.2% |
| |
Real Estate |
(50) |
|
62 |
|
-0.1% |
0% |
1.4% |
|
0.1% |
| |
Rental |
(50) |
|
39 |
|
-0.1% |
0% |
-0.1% |
|
0.0% |
| |
Education |
(280) |
|
58 |
|
-0.5% |
-1% |
-2.7% |
|
-0.2% |
| |
Other |
(600) |
|
448 |
|
-0.1% |
-3% |
-0.3% |
|
0.0% |
| |
Leisure |
(780) |
|
80 |
|
-1.0% |
-4% |
-5.5% |
|
-0.5% |
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| * 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 June 2016 ADP National Franchise Report will be released at 8:15 a.m. ET on Wednesday, July 7, 2016. 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.
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 Moody's Analytics, Inc.
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 ADP Research Institute, please visit: http://www.adpemploymentreport.com/.
About Moody's Analytics
Moody's Analytics helps capital markets and risk management professionals worldwide respond to an evolving
marketplace with confidence. The company offers unique tools and best practices for measuring and managing risk through expertise
and experience in credit analysis, economic research and financial risk management. By providing leading-edge software, advisory
services, and research, including the proprietary analysis of Moody's Investors Service, Moody's Analytics integrates and
customizes its offerings to address specific business challenges. Moody's Analytics is a subsidiary of Moody's Corporation (NYSE:
MCO), which reported revenue of $3.3 billion in 2014, employs approximately 10,200 people worldwide and maintains a presence in
35 countries. Further information is available at www.moodysanalytics.com.
About ADP (NASDAQ: ADP)
Powerful technology plus a human touch. Companies of all types and sizes around the world rely on ADP's cloud software and
expert insights to help unlock the potential of their people. HR. Talent. Benefits. Payroll. Compliance. Working together to
build a better workforce. For more information, visit ADP.com.
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