Franchise businesses are more than just household names like McDonald’s, Marriott, and Dunkin’. They’re a driving force behind job creation and economic growth across the U.S., spanning industries as diverse as fitness centers, childcare services, and even indoor pickleball courts. But how exactly are franchise businesses shaping state-level employment trends?
This report, powered by data from the International Franchise Association (IFA) and the Projections Managing Partnership, dives deep into the numbers to reveal how these businesses are fueling job growth in every corner of the country.
Key Insights from the Report
- Franchise Jobs Are Growing Faster Than the National Average
Franchise employment is projected to grow by 4.7% between 2023 and 2025, outpacing the overall U.S. job growth rate of 2.4%. Franchises will add 402,000 new jobs, surpassing 9 million workers. - Quick-Service Restaurants Lead, But Personal Services Are Booming
While quick-service restaurants (QSRs) remain the largest employers, personal service franchises—like fitness centers and salons—are growing the fastest, with a 7.8% employment increase expected by 2025. - The Southeast Dominates Franchise Employment
States like South Carolina, Georgia, and Louisiana lead the nation in franchise job concentration, thanks to lower costs and fewer regulations. - Franchises Drive Over Half of Job Growth in Some States
In South Carolina, Maine, Idaho, and Louisiana, franchises account for more than 50% of total job growth, showcasing their critical role in local economies.
Why This Report Matters
Franchises are not just businesses—they’re economic engines. This report provides a state-by-state breakdown of employment trends, highlighting where franchises are thriving and where challenges lie. Whether you’re a policymaker, business owner, or industry enthusiast, this analysis offers valuable insights into the future of franchising and its impact on the American workforce.
Explore the Full Report
Dive deeper into the data to uncover:
- The industries employing the most franchise workers
- Regional trends shaping franchise growth
- The economic factors driving success
