Restaurant Franchises Are Hiring. Are They Dodging Obamacare?

Photograph by Inti St Clair

The International Franchise Expo kicked off in New York today. On the occasion, ADP and Moody’s Analytics published a report on franchise hiring for the first time. Among the findings: Franchises created just over 19,000 jobs in May, with about 14,000 of those positions coming in the restaurant industry. (To put the number in context, ADP found that companies added a total of 135,000 jobs in May, fewer than economists forecast, while the U.S. Labor Department found that private employers added 175,000 jobs in May, more than was forecast.)

To continue reading this article you must be a Bloomberg Professional Service Subscriber.