U.S. Hotels Rebound With Significant Increase in October Job Growth
Photo Credit: The hostel industry recorded higher than expected job growth for September Pixabay / CyprusVillas
Skift Take
The unexpected growth figures in the latest U.S. jobs report is another sign of the roll that the hotel industry is on as leisure travel is recovering and numerous hotel chains are approaching pre-pandemic metrics.
The hotel industry defied expectations to record higher-than-expected job growth numbers in the latest overall U.S. jobs report, reinforcing confidence that momentum for travel's recovery continues.
The accommodation sector added 23,000 jobs in October, the Bureau of Labor Statistics reported Friday. That's a huge jump from the 2,000 recorded the previous month. The U.S. added 531,000 jobs in October, a figure that significantly surpassed the previous month's job growth number — 194,00