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Travel Employment Continues to Lead in Job Growth

July 9, 2013 Association No Comments Email Email

David Huether, senior vice president of research and economics at the U.S. Travel Association, provides analysis on today’s Labor Department announcement that the U.S. economy added 195,000 jobs in June while the unemployment rate remained unchanged at 7.6 percent:

“The travel industry continues to gain steam, adding 22,600 jobs last month and accounting for almost 12 percent of the increase in total non-farm jobs. Monthly job growth in the travel industry has averaged 19,000 thus far in 2013, more than twice the average gain of 9,100 travel jobs per month in 2012.

“Travel job growth in June was wide spread, occurring in food services and drinking places, the amusements, gambling, and recreation industry, as well as in lodging.

“Since early 2010, the travel industry has been a significant source of employment growth for the economy by adding almost a half million jobs  a 6.3 percent increase. Moreover, employment growth in travel industry has outpaced employment growth in the rest of the economy by 25 percent since March 2010.”

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