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 staggering figure. The travel industry lost millions of jobs last year, accounting for nearly 40% of all jobs lost.
“Even with the progress made with vaccinations, it is far from clear when travel demand will be able to rebound on its own. The outlook will remain dire for travel businesses and workers without substantial policy assistance from Washington to shorten the recovery period and bring back jobs as quickly as possible.”
U.S. Travel Association is the national, non-profit organization representing all components of the travel industry. Travelers in the United States are estimated to spend $1.1 trillion in 2022 (still 10% below 2019 levels). U.S. Travel advocates for policies to accelerate an even recovery across the travel industry and restore economic and job growth for this essential contributor to our nation’s success. Visit ustravel.org for information and recovery-related data.