labor reports
The Role of Unemployment Benefits in the Current Labor Shortage
Dr. Yong Chen | April 12, 2022
By Dr. Yong Chen An analysis of why and how Covid-related unemployment benefits may have impacted the current labor shortage. What role do loss aversion and behavioral economics play in how a worker considers losing benefits vs. gaining a job? Labor shortage despite available jobs As Covid-19 cases in the United States started subsiding in the first half of 2021, the economy did not recover as fast as had been expected. There have been widespread reports about labor shortages in the U.S. since last April. The reason for the rising unemployment though is anything but a lack of jobs. According to the U.S. Bure...
The Castell Project, Inc. Releases “Black Representation in Hospitality Industry Leadership 2022” Report
THE CASTELL PROJECT | March 8, 2022
ATLANTA, GA — March 8, 2022 — Officials of Castell Project, Inc., a 501(c)3 nonprofit organization dedicated to accelerating the careers of women professionals in the hospitality industry, today released the “Black Representation in Hospitality Leadership 2022” report. “Black representation in leadership for the public face of the hospitality industry is not making the gains necessary to show opportunity to Black employees,” said Peggy Berg, chair, Castell Project, Inc. “In addition, Black employees disproportionately lost hospitality industry jobs during the Pandemic. Rebuilding its workforce will require significant c...
3 Ways to Fix the Hospitality Labor Shortage & Welcome Back Employees
Dr Laura Zizka | January 18, 2022
On November 22, 2021, EHL hosted the International Advisory Board (IAB) conference on campus. This was the first IAB meeting on-site in two years. Their two days were packed with presentations from faculty members, students and workshops on pressing topics in the hospitality industry. One such workshop, entitled ‘Employability Skills in the 21st Century: A Post-Covid-19 Reflection’, was hosted by Dr. Laura Zizka and Dr. Maggie Chen and tackled the hospitality labor crisis. Closing the Hospitality Skills gap The original idea of offering a workshop on employability skills was envisioned for the 2020 version of the IAB. The pu...
The Hospitality Industry: Loss of Love -> Loss of Labor
Dr. Peter Ricci | January 11, 2022
By Dr. Peter Ricci The past 3 years of a roller coaster ride has taken the hospitality industry from its best year on record to a pandemic low that, at times, seems to be a permanent fixture. At the start of the pandemic, none of our industry leaders could have imagined the mass exodus of workers that we are now experiencing. From my vantage point as the director of a program that offered a free certificate during COVID to thousands, the voices of the workers (and former workers) are loud and they are clear. To confirm these voices, we later surveyed another 50,000 hospitality workers (had about a 10% response rate) and the sentiments w...
UK Travel & Tourism Sector Sees a Massive Job Shortfall of More Than 200,000 This Year, Says WTTC Report
WTTC | January 11, 2022
London, UK - January 11, 2022 - A new analysis of staff shortages by the World Travel & Tourism Council (WTTC), has revealed a significant labour shortfall that could harm the sector’s recovery, with 205,000 Travel & Tourism jobs across the UK predicted to remain unfilled by the end of this year. The worrying figures from WTTC, which represents the global private Travel & Tourism sector, shows for the first time the enormous impact that staff shortages could have on the UK’s economic recovery. Data compiled by Oxford Economics for WTTC, analysed staff shortages across the UK and other major Travel & Tourism mark...
U.S. Travel Reacts to Underwhelming December Jobs Report
U.S. Travel Association | January 11, 2022
WASHINGTON — January 11, 2022 — U.S. Travel Association Executive Vice President of Public Affairs and Policy Tori Emerson Barnes issued the following statement on the Bureau of Labor Statistics’ December employment report, which showed that the Leisure & Hospitality (L&H) sector added 53,000 jobs while the overall economy added just 199,000: “The latest jobs report points to an uneven recovery for the Leisure & Hospitality sector, which had its second-worst performance since January 2021. The small gains made are not enough to propel the sector toward a larger recovery, as more than 7% of all L&H jobs remain lost com...
Paying Their Dues: Why Hospitality Workers Entering the Industry Are Saying ‘Not for Me’
Cindy Johnson | January 10, 2022
By Cindy Johnson You know, we all have done it — worked our way up the ladder, pushed ourselves to physical and mental limits or sacrificed our personal plans — just to focus on our upwardly mobile hospitality careers. Over the last several decades, that is how industry leaders as well as new entrants forged their path to success: working hard, working long hours and “paying their dues” to move up. However, here we are in a world since the start of COVID and we find ourselves in the most acute labor shortage the industry has ever experienced. The hospitality industry has been hit hard by closures, layoffs, and furloughs and now com...
U.S. Travel Reacts to Latest Job Figures
U.S. Travel Association | March 5, 2021
WASHINGTON — March 5, 2021 —The U.S. Leisure & Hospitality sector gained 355,000 jobs in February and the industry’s unemployment rate now stands at 13.5%—compared with 379,000 jobs gained and a 6.2% unemployment rate for the overall economy, according to the monthly employment report released Friday by the Department of Labor. U.S. Travel Association President and CEO Roger Dow issued the following comment: “While today’s report shows travel industry jobs heading in the right direction, the fact remains that the Leisure & Hospitality sector’s total jobs are still at just 80% of the levels we saw last February—a sta...