The latest report on the labour market gives hope to those working in the tourism sector. According to the U.S. Department of Labor, 916,000 new jobs were added in the United States and the unemployment rate fell to six percent.

The leisure and hospitality sector created 280,000 jobs in March, but still has a long way to go. At 13%, the unemployment rate in the sector is significantly higher than in the country as a whole.


Current trend

According to the U.S. Travel Association, these latest figures bode well for travelers and the leisure and hospitality industry.

The increase in employment in the leisure and hospitality sector is a clear sign that the increase in travel and related activities is keeping pace with the increase in employment. Sustained job growth will thus depend on an overall recovery in travel, especially if vaccination rates increase and health protections remain in place across the travel industry, said Roger Dow, president and CEO of U.S. Travel. However, it is important to remember that jobs in the leisure and hospitality sector account for nearly 40% of all jobs lost in the US by 2020, meaning we are still a long way from recovery.

Tendaii Kapfidze, chief economist at LendingTree, said the vaccine is key to continuing this upward trend.

As for the future, the development of the labour market is inextricably linked to the introduction of vaccines and the development of the number of new cases and deaths due to COVIDS, Kapfidze said. Increased travel this spring and summer will be crucial to the recovery of this sector and the economy as a whole.

Dow also recalled the devastating impact on the travel industry last year and urged Americans to get vaccinated so they can travel more freely and safely.

A year-long travel hiatus has cost jobs in the United States. Sixty-five percent of all jobs lost in the U.S. last year were travel-related, and this is an opportunity to begin restoring what was lost, Dow said. Throughout the pandemic, the mantra of the tourism industry has been to rely on science, clearly showing that the time has come to take the plunge. In the meantime, it is important that all eligible Americans be vaccinated as soon as possible, so that everyone can move freely again as soon as possible.

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