Posts
Nov 12, 2025 – 2 mins read
October 2025 Franchise Job Market Report: It’s Complicated.
October 2025 delivered a job market that can only be described as complicated. With the Bureau of Labor Statistics offline during the government shutdown, private data took center stage. ADP showed modest job growth of 42,000, while Challenger reported a 22-year high in layoffs at 153,000. Indeed’s data revealed more people chasing fewer roles, with job-seeker interest up 27% and postings up just 2.7%. For franchises, this means hiring conditions are shifting fast, more candidates are looking, but precision and speed matter more than ever. In a month where data got messy and uncertainty ruled, smart, data-driven hiring platforms like Business Draft stand out by helping franchise owners match faster, hire better, and keep their pipelines strong even when the market isn’t.
Dec 16, 2024 – 3 mins read
November Jobs Report: A Strong Finish to the Year, but What’s Next?
The November Jobs Report is in! ✅ 227,000 jobs added showing steady growth across key sectors like healthcare and hospitality. ✅ Unemployment at 4.2% more people are rejoining the workforce, a sign of growing confidence. ✅ Wages up 4% year-over-year, keeping the hiring market competitive. The labor market’s momentum is holding strong, but finding the right talent is still a challenge.
Nov 13, 2024 – 2 mins read
October Jobs Report: A Market Holding On or Starting to Slip?
October’s job growth took a breather, adding only 12,000 jobs—way below the expected 100,000 and a sharp drop from September’s 223,000. Key sectors like healthcare (+52,000) and government (+40,000) showed strength, but manufacturing struggled with a 46,000-job loss, mainly from strikes like Boeing’s. Despite the slower job growth, the unemployment rate held steady at 4.1%, and wages inched up 0.4% month-over-month. Temporary disruptions, including hurricanes and strikes, played a role in the low numbers. With inflation cooling, the Fed is likely to cut rates to support the economy. It’s a sign of a market finding its balance, rather than a full stop.
Feb 10, 2025 – 3 mins read
Above and Beyond: January 2025 Jobs Report Surges Past Forecasts
The January 2025 jobs report, based on U.S. Bureau of Labor Statistics data, shows the economy added 275,000 new positions, beating forecasts of 250,000. The unemployment rate dipped to 3.8%, and average hourly earnings climbed by 0.3%. Tech led the way with 55,000 new hires, followed by strong showings in healthcare and manufacturing. Retail shed 10,000 seasonal roles post-holiday, while hospitality gained 15,000 jobs. Despite concerns about inflation and interest rates, small businesses remain hopeful, with many planning to expand their teams in the coming months.
Mar 07, 2025 – 2 mins read
February 2025 Jobs Report: Where We Stand and Where We’re Headed
The U.S. added 285,000 nonfarm payroll jobs in February—surpassing forecasts of 260,000 and continuing January’s strong hiring trend. The unemployment rate stayed at 3.6%, near historic lows, while average hourly earnings rose by 0.3% (up 4.2% year over year). Top hiring sectors included professional and business services, healthcare, leisure and hospitality, and manufacturing. Economists remain cautiously optimistic that 2025 will see steady employment growth, barring significant changes in consumer spending or interest rates.