Us Travel Industry Leads Economy In Job Growth
“The October Labor Department report shows that the economy added 171,000 jobs last month, including six thousand more travel jobs, while the unemployment rate essentially remained unchanged at 7.9 percent last month. Taken together, today’s report shows that the labor market appears to be building positive momentum after modest growth earlier in the year. Over the past four months, the number of jobs added has been double that of the prior four months.
“Additionally, the fact that employment gains in August and September were upwardly revised by 84,000, including 9,000 more travel jobs, is welcome news.
“The travel industry is twice as export intensive as the rest of the economy and supports millions of middle class jobs that cannot be outsourced. These unique qualities have made the travel industry a top performer in the current recovery. To build on this success, Congress should enact pending legislation such as the JOLT act, which will encourage more international visitors to travel to the United States and create more American jobs.”
Sourced from BreakingTravelNews.com