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Study: 40% of Excess Unemployment Is in Leisure & Hospitality Sector
The U.S. Travel Association | August 12, 2020
WASHINGTON (August 12, 2020)—Faced with a fresh round of bleak employment data, the American travel industry is renewing its pleas for leaders in Washington to return to the negotiating table and finalize another coronavirus-related relief package—without which the prospects for an overall U.S. economic recovery look increasingly grim. A report prepared for the U.S. Travel Association by Tourism Economics finds a bevy of chilling jobs figures—and underscores the fact that an overall U.S. employment recovery will not be successful unless the hard-hit travel and tourism industry can be safely restarted: 40% of excess U.S. unemploy...