Hospitality
Despite Strong Employment Month, the Hospitality Sector Still Has Work to Do
3 Key Points: When pandemic started hospitality sector cut jobs, now demand is increasing and businesses aren’t able to hire as quickly to meet demand. Hospitality sector needs to look within and reexamine how they can make a better workplace Employers need to find ways to make work-life balance better to help keep employees…
3 Key Points:
- When pandemic started hospitality sector cut jobs, now demand is increasing and businesses aren’t able to hire as quickly to meet demand.
- Hospitality sector needs to look within and reexamine how they can make a better workplace
- Employers need to find ways to make work-life balance better to help keep employees happy.
Commentary:
The ADP released a report showing a rise in private jobs by 568,000 for the month of September, an increase then the initial Dow Jones estimate of 425,000. The leisure and hospitality sector led the way with 226,000 hires. Despite a strong showing the industry’s unemployment rate 9.1 percent is still almost double the national rate at 5.2 percent. Sarah Dandashy travel and hospitality expert and host of Say Yes to Travel believes the hospitality sector still has a lot of work to do.
