- WHITE PAPERS
New data from ADP's National Franchise Report shows that the franchise industry created more than 15,000 jobs in September.
The restaurant, leisure, professional and personal services, and real estate industries were the primary drivers of job growth. While slightly down from last month, this level of growth is consistent with growth throughout the past 12 months.
Although the shutdown and debt ceiling stalemate has been resolved, the stagnation affected the franchising industry during this last round of data, according to a news release.
"Franchise businesses are feeling the impact of the government shutdown with less customer demand for a variety of services, as well as the uncertainty about our nation's economic standing. We urge Congress to ... establish a long term budget agreement that gives business owners confidence to grow and create even more jobs," Steve Caldeira, president and CEO of the International Franchise Association, said earlier this week.
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