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ADP report reveals franchise job growth in February

Franchise sector 2016 job growth in the U.S. was up by 18,500 in February, according to the latest ADP National Franchise Report.

March 11, 2016

Franchise sector job growth in the U.S. was up by 18,500 in February, according to the latest 2016 ADP National Franchise Report as was reported by smallbizztrends.com. The report is produced by human resources management solutions provider ADP in conjunction with Moody's Analytics.Private sector franchises continue to drive employment, the report stated.

Food retailers (up 0.4 percent from January) and restaurants and accommodations (each up 0.3 percent from January) were industries with the highest increases, the report stated.     

"Restaurants continued as the biggest employment driver among franchises," said Ahu Yildirmaz, VP and head of the ADP Research Institute, in the report. The actual number of employees hired for the month was a total of 14,400.

Yildirmaz also said franchise employment growth finished strong in December adding the second most jobs of any month in 2015.