TL;DR
U.S. private-sector franchise jobs increased by 22,000 in March, with notable growth in personal service, auto parts, and restaurants. The personal service franchise segment saw a 12.7% increase in job growth over the last year.
According to the ADP National Franchise Report, U.S. private-sector franchise jobs increased by 22,000 during the month of March.
In particular, the personal service franchise segment has seen a notable increase, which includes everything from spa and senior care to personal fitness services. Over the last year, job growth in this industry spiked 12.7%. Other franchise sectors with strong year-over-year growth include auto parts and dealers, with a 6.1% increase. Restaurants also saw a 5.3% increase.
“Accommodations experienced a second consecutive month of solid growth in March, while restaurant employment growth bounced back to its nine-month average,” said Ahu Yildirmaz, vice president and head of the ADP Research Institute. “Accelerating wage growth in the workforce may be helping to drive the gain in these two segments.”
In this story
This story was originally published in 1851 Franchise on April 1, 2016. Burnaze summarizes and links to the original reporting.
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