You can be on Entrepreneur’s cover!

Restaurant Job Growth Plunges in February (Infographic) In February, franchised restaurants added only 1,390 new jobs, a sharp drop from recent months.

By Kate Taylor

entrepreneur daily

Opinions expressed by Entrepreneur contributors are their own.

Shutterstock

The restaurant industry almost always carries the franchise sector in terms of job creation. Not so this February: Restaurants only accounted for 1,390 new jobs nationwide according to the ADP's National Report.

On average, over the last six months, restaurants created 10,920 new jobs a month.

The dismal February growth extends the weak growth seen in January, when only 5,570 new restaurant jobs were created.

ADP says the slump is a result of the restaurant industry having expanded so much last year. This past December, the franchise industry added 36,072 jobs – double the monthly average. The restaurant sector was a big driver of that growth, representing 27,218 of the jobs created.

Related: Franchise Players: Burger Franchisee on How Not to Get Fried

"After experiencing so much growth in 2013, restaurant hiring has been a little stagnant this year, said Ahu Yildirmaz, head of the ADP Research Institute. In 2013, restaurant franchise employment grew by approximately 135,000 jobs, compared to 65,300 in 2012.

Yildirmaz also blames the weather. "Strong growth last year, in combination with the harsh winter – has led to a lower rate of job creation for restaurants in 2014."

In total, the franchising sector created 19,450 new jobs in February. Half of these stem from auto franchises, business services and accommodation industries.

For more on what areas in franchising were slumping and which were booming in February, check out the infographic below.

Related: Cosi's Top Franchisee Is Now Its CEO

Click to Enlarge+
Restaurant Jobs Plunge in February

Kate Taylor

Reporter

Kate Taylor is a reporter at Business Insider. She was previously a reporter at Entrepreneur. Get in touch with tips and feedback on Twitter at @Kate_H_Taylor. 

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Growing a Business

Building a Culture of Quality — How to Ensure Your Products, Processes and Teams Meet the Highest Standards

Quality should be at the center of your organization. Here's how to define and maintain quality standards in every aspect of your business.

Side Hustle

This Flexible Side Hustle Is Helping Millions Earn Extra Cash — and Might Be 'More Attractive' Than an Office Job

Side hustles remain popular for additional income — and have many questioning the 9-5 model altogether.

Business News

NASA Reveals What the Strange Object Was that Fell From the Sky and Tore Through a Florida Home's Roof

The home's owner, Alejandro Otero, allowed NASA to collect and analyze the sample after attempting to connect with the agency through a post on X, formerly Twitter, last month.

Diversity

Representation In AI Development Matters — Follow These 5 Principles to Make AI More Inclusive For All

Four out of five leaders and other execs want to learn more about how to use AI in their professional roles, but how can you craft it to also make diversity and inclusion a collective North Star?

Thought Leaders

5 Ways to Move Forward After Shutting Down Your Business

Did you have to make the tough decision to close down your business? Here are 5 ways to help you on the journey of recovery from business failure to your new entrepreneurial adventure.

Leadership

How Entrepreneurs Can Harness the Power of Stoicism to Build Resilience and Thrive in the Business World

Here's how the ancient philosophy of Stoicism can benefit modern entrepreneurs.