U.S. Bureau of Labor Statistics
Historic Jobs Report Underscores Travel’s Essential Role in U.S. Economic Recovery
U.S. Travel Association | February 6, 2023
U.S. Travel Association President and CEO Geoff Freeman issued the following statement on the U.S. Bureau of Labor Statistics January employment report, which saw the overall economy add 517,000 jobs and the leisure and hospitality sector add 128,000 jobs—more than any other sector: “Today’s jobs report—in which 25% of all new jobs were added in the leisure and hospitality sector—is further evidence that travel is essential to the U.S. economy. Travel’s success is the nation’s success, and robust travel demand is supercharging our nation’s economic recovery and job growth. “The industry currently has nearly 2 millio...
The Hotel Industry’s Post-COVID-19 Recovery Could Look Like This — or Not
HotStats | June 12, 2020
COVID-19 dealt the global hospitality industry a vicious blow. A Chuck Norris roundhouse kick combined with a Mike Tyson uppercut that left it immobile. The scores of hotel closures and staggering number of job losses are evidence of the pandemic’s pernicious impact on the industry. An overwhelming number of hotels have suspended operations because of lack of demand, while hotels that remain open are running bare-bone operations. Meanwhile, labor, which two months ago was the hotel industry’s biggest concern — finding it and paying for it — is no longer such a worry because there is hardly any of it left. In the U.S., leisure an...
