Articles tagged “employment”

Steady job growth is a good thing, of course, but hotels are still facing a huge shortfall of workers. Summer vacation season is just around the corner and it could bring chaos if hotels don’t confront the continuing scarcity.

U.S. hotels continue to post strong job numbers thanks to summer leisure travel demand, but the industry can't afford to ride on blind optimism. The Delta variant throwing a wrench in the expected return of business travel will show up in jobs reports later this year.

It's positive to see February gains in U.S. jobs in the leisure and hospitality industries. Hotel hiring trends looking to be turning after a bleak winter.

The upcoming fall and winter months are likely to expand the unemployment gap even further between the hotel industry and overall economy due to expected diminished leisure travel.

U.S. hotel industry employment has improved by 11 points since April, but a stalled recovery and fading summer has analysts cautioning of a pending winter jobs decline.

Though there is evidence of pent-up travel demand as U.S. reopens bit by bit, the monumental job losses for our sector will take a long time to come back to the pre-pandemic level, if ever. This is travel's Great Depression of this century, make no mistake.

The leisure and hospitality industry was the hardest-hit part of the U.S. economy when it came to job losses, and restaurant and bars were by far the most-severely impacted within the category.

Look beyond monthly jobs reports to see a bigger picture. The U.S. leisure and hospitality sector will cut its employment growth by roughly half over the next decade, according to a government forecast. Hoteliers will cope by boosting the productivity of their existing workforce through training.

The hospitality industry in particular has struggled with recruiting and retaining workers over the last few years, as unemployment rates have dropped and tighter restrictions on immigration and work visas have been enforced. But there are a few things companies can do to develop a strong workforce.

A strong job market means lots of consumers are spending on domestic travel. But rising wages and recently tightened rules on visas for seasonal workers are pressuring some sectors. We take a sector-by-sector look.