Franchises Add 38k Jobs in Dec., Outpacing Broader Economy

U.S. private-sector franchise jobs increased by 38,000 during the month of December, growing faster than the rest of the economy. with restaurants doubling the number of new

The ADP National Franchise Report, drawn from payroll data, also saw restaurant franchises add twice as many jobs as the previous month.

“At 3.4% for 2014, franchise job growth was notably stronger than the U.S. total private growth rate of 2.2%,” said Ahu Yildirmaz, vice president and head of the ADP Research Institute. “December’s jobs number was the highest of 2014, bolstered by a large jump in restaurant employment from around 12,000 in November to 24,000 this month.”


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