Hotels Record Tepid Increase in Job Growth
Hotels added 26,000 new jobs in the United States in November, a small increase from the previous month despite the overall strong job growth numbers for the U.S. economy, especially the leisure and hospitality industry.
The U.S. Bureau of Labor Statistics revealed, in its monthly jobs report released on Friday, that leisure and hospitality — which includes hotels — added 88,000 jobs in November, representing roughly a third of total jobs created in the U.S. Leisure and hospitality added only 35,000 jobs in October — 20,000 came from hotels. Overall employment in leisure and hospitality is 5.8 percent, or 980,000 jobs, below February 2020 levels.
The U.S. added 263,000 new jobs in November, significantly better than the 200,00 new jobs economists projected. The U.S. unemployment rate remained unchanged at 3.7 percent.