TL;DR
Franchise job gains in the US slowed down in November, adding 25,600 jobs, but still closed out the year with strong employment growth. The 12 month franchise employment growth rate of 4 percent is double the labor market as a whole.
In November, United States-based franchisees added 25,600 jobs—nearly half of what they added in October, which saw growth of 52,600. But despite the lower numbers this month, the industry is still closing out the year on top.
“Twenty fifteen has been a year of very strong employment growth for franchises as evidenced by the fact that gains have already exceeded last year by around 50,000 jobs,” said Ahu Yildirmaz, vice president and head of the ADP Research Institute. “Plus, the 12 month franchise employment growth rate of 4 percent is double the labor market as a whole.”
According to ADP, restaurants added the most jobs last month, with a total of 15,060—or 59 percent of the total jobs. Auto parts and dealer franchisees were the second-biggest contributor, adding 6,630 jobs.
In contrast, gasoline stations and auto repair shops saw jobs diminish by 280—the most out of any franchise category.
In this story
This story was originally published in 1851 Franchise on December 2, 2015. Burnaze summarizes and links to the original reporting.
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