The Franchise Owner's most trusted news source


Log In / Register | Apr 20, 2018
Economic news

Franchise Hirings Drop in March despite Strong Economy

Fast casual worker
Worker at a QSR (photo/bmm)

While small and private sector employment generally grew strongly in March, franchised establishments had a drop in hirings of 100 compared to the month before, according to ADP Research Institute.

Tax Cuts and Government Spending Threaten to Overheat Job Market

America’s franchised establishments added 24,700 jobs in February. Among the top job growth sectors in number of hires over the month before were franchised restaurants, auto parts & dealers, and hotels, according to the ADP National Franchise Report, which was released yesterday morning.

Competition for Workers Heated Up in January, Franchise Hiring Slowed Down

U.S. franchise establishments added 19,700 jobs in January 2018, according to the ADP Research Institute. That is the lowest rise in hiring for franchises since September of 2017. It falls in the range of average and slower than its counterparts of small businesses and private sector employment.

Franchises Continue Robust Hiring Trend in December 2017

Hiring shows no sign of relaxing. Franchised establishments in the United States added 27,300 jobs in December, according to the monthly ADP National Franchise Report.

Franchise Employment Robust in November

Franchise hiring, interviews on TuesdayHiring by franchised establishments increased by a robust 28,300 jobs from October to November, according to the ADP National Franchise Report that was released yesterday. That follows October's 16-month high of 31,100 hires for franchised businesses. These high employment increases show a continuing positive trend, but it also represents a labor market that has become considerably tighter for employers seeking talent.

U.S. Third Quarter GDP Bumped Up to 3.3 Percent

The Bureau of Economic Analysis of the U.S. Department of Commerce today announced it has adjusted the real gross domestic product to have grown at 3.3 percent in the third quarter of 2017, seasonally adjusted.

Strong Franchise Hiring in October after Hurricanes Harvey and Irma

Hiring among franchised establishments in the United States added a robust 30,600 jobs in October, according to a November 1 report by payroll processor ADP.

Leading Economic Index Dips for First Time in 12 Months

A leading economic index for the United States surprisingly dipped for the first time in 12 months.

Franchise Hiring Softens in September; Small Businesses Lose Positions

Now hiringFranchise hiring in September was soft, with franchised establishments only increasing their hiring by 14,000 jobs. That is below average and the softest gain since April’s one-time drop of only 4,800 franchise jobs, which was followed by months of robust hiring gains.

Hiring Toughens as Franchises Show Strong Gains Again in August

The change in U.S. franchised employment increased by a solid 21,200 hires in August, according to ADP Research Institute. August's figure is a strong hiring performance for franchised establishments but falling below July's even more robust growth of 26,600 franchise jobs.