News for the Hospitality Executive
DC – David Huether, senior vice president of economics and
research at the U.S.
Travel Association, provides analysis on today’s
Labor Department report on December 2011 employment numbers:
"December was a good month for the travel industry. After falling two of the three prior months, employment in the travel industry rebounded in December and rose by 7,000 to a level of 7,528,000.Huether is available for further analysis and comment.
"The travel industry accounted for seven percent of the 1.6 million jobs created during the past 12 months. Over the last year, the travel industry expanded its employment base by 119,000 - doubling the jobs created by construction and real estate industries combined.
"Supporting good-paying American jobs that cannot be outsourced abroad, the travel industry has created jobs at a faster rate (2.9%) than the rest of the economy (2%) since the overall employment recovery began in March of 2010. Increasing travel to and within the United States is a key ingredient to providing the job opportunities for the 13 million Americans who continue to be unemployed."
The U.S. Travel Association is the national, non-profit organization representing all components of the travel industry that generates $1.8 trillion in economic output and supports 14.1 million jobs. U.S. Travel's mission is to increase travel to and within the United States. Visit www.ustravel.org.
Travel Association Issues Statement on President Obama's Jobs Speech
/ September 2011
Travel Association Discusses Impact of 9/11 on Travel Industry;
Releases Principles for Building a More Secure and Efficient U.S.
Travel System / August 2011
of Labor Department Report Shows that the Travel Industry Accounts for
More than 1 in 10 Jobs Created in 2011; Travel Jobs Continue to
Increase for Eighth Consecutive Month / August 2011
Travel Association Releases Comprehensive Analysis Proving Tourism
Promotion Campaigns Increase Visitation Resulting in More Jobs, State
and Local Tax Revenue / July 2011
Travel Association Releases New Research Results Showing 49% of
Travelers Alter Plans Due to High Travel Taxes; Launches Travel Tax
Institute / April 2011
Dow, President & CEO of the US Travel Association, Awarded the
Spirit of Hospitality Award at Destination & Travel Foundation
Dinner / February 2011