Franchise Hiring Up a Modest 11,500 Jobs in November

December 12th, 2018

Franchise establishments in the United States gained a modest 11,500 jobs in November. The hotel sector lost 1,500 jobs while restaurant hiring rose 9,900, according to the ADP National Franchise Report, which is based on actual transactional payroll data.

Small businesses, firms that employ between 1 to 49 employees, increased hirings by 46,000 jobs in November. Medium-sized businesses from 50-499 employees increased in hiring by 119,000.

“Although the labor market performed well, job growth decelerated slightly,” said Ahu Yildirmaz, vice president and co-head of the ADP Research Institute. ”Midsized businesses added nearly 70 percent of all jobs this month. This growth points to the midsized businesses’ ability to provide stronger wages and benefits. It also suggests they could be more insulated from the global challenges large enterprises face.”

Total private sector employment increased by 179,000 jobs, according to ADP Research Institute in collaboration with Moody’s Analytics.

Mark Zandi, chief economist of Moody’s Analytics, said, “Job growth is strong, but has likely peaked. This month’s report is free of significant weather effects and suggests slowing underlying job creation. With very tight labor markets, and record unfilled positions, businesses will have an increasingly tough time adding to payrolls.”

Don Sniegowski

Don launched the news site Blue MauMau in the Fall of 2005 after franchise buyers and owners told him that they felt it was almost impossible to shovel through the propaganda and sales spin from business news, disclosures, and even franchise experts in order to make informed and wise investments.

Why is this news site called Blue MauMau? It's metaphorical. Blue MauMau is a South Pacific fish that gathers in schools for protection from sharks and other predators. In an industry that has many impediments in knowing truth at the franchise level, Don created a platform that franchisees from all brands and ilks could use to network together to inform both themselves and reporters about their businesses and industry. This site works when franchise owners participate in what they know. In the past that function has been left largely to the franchisor. I'll still reach out to franchisors, but I do so wanting straightforward answers for our readers—franchisees. This news site aims to continually improve at being "the franchise owner's most trusted news source."

Don is the award-winning publisher of this news site about franchised establishments, Blue MauMau. He can be emailed at editor@bluemaumau.org or tweeted @dsnig.