ROSELAND, NJ — (Marketwired) — 09/18/13 — U.S. private-sector franchise jobs increased by 16,160 during the month of August 2013, according to the . 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 , a leading global provider of (HCM) solutions, in collaboration with Moody-s Analytics, Inc. and is published by the ®.
“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.”
(in alphabetical order)
Accommodations 1,170
Auto Parts and Dealers 3,760
Building Material and Garden Equipment 120
Business Services 320
Education 400
Food Retailers 340
Gasoline Stations and Auto Repair -1,620
Leisure 1,230
Manufacturing -50
Personal Care Retailers 220
Personal Services 670
Professional Services -490
Real Estate -140
Rental -140
Restaurants 8,740
Other 1,640
* Sum of components may not equal total, due to rounding.
The September 2013 ADP National Franchise Report will be released at 9:00 a.m. ET on Wednesday, October 16, 2013. 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 .
To obtain information about the ADP National Employment Report® and the ADP Regional Employment Report(SM), including charts, supporting data and the schedule of future release dates, or to subscribe to the monthly email alerts and RSS feeds, please visit .
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 “.”
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 proprietary analyses from 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 $2.7 billion in 2012, employs approximately 6,800 people worldwide and has a presence in 28 countries. Further information is available at .
With more than $11 billion in revenues and more than 60 years of experience, ® (NASDAQ: ADP) serves approximately 620,000 clients in more than 125 countries. As one of the world-s largest providers of business outsourcing and solutions, ADP offers a wide range of , , , and from a single source, and helps clients comply with regulatory and legislative changes, such as the (ACA). ADP-s easy-to-use solutions for employers provide superior value to companies of all types and sizes. ADP is also a leading provider of integrated computing solutions to throughout the world. For more information about ADP or to contact a local ADP sales office, reach us at 1.800.225.5237 or visit the company-s Web site at .
The ADP logo, ADP, the ADP National Employment Report and ADP Research Institute are registered trademarks of ADP, Inc. The ADP Regional Employment Report and the ADP National Franchise Report are service marks of ADP, Inc. All other marks are the property of their respective owners.
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James Duffy
ADP
(973) 974-7612
Christian Harper
Weber Shandwick for ADP
(212) 445-8135