US travel industry jobs surpass pre-recession level

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1While other sectors of the U.S. economy have yet to completely rebound from the recession, the travel industry has surpassed its pre-recession employment numbers.

U.S. Department of Labor figures released Friday show that the travel industry added 7,000 jobs in January, reaching a total of 14.6 million.

The same report revised previous data, showing that the industry stands 11% above the employment peak of February 2008.

Much of the growth has been fueled by international travel to the United States, especially spending by visitors from China, Brazil, Japan and Australia.

Some economists have played down the travel industry’s resurgence, noting that many travel and tourism jobs are low-pay, seasonal positions.

But Caroline Beteta, president and chief executive of Visit California, the nonprofit agency dedicated to promoting tourism in the state, said tourism and travel spending is helping the state rebound.

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Source Los Angeles Times, http://www.latimes.com/business/money/la-fi-mo-travel-industry-jobs-20140207,0,6215709.story#axzz2szIHrCUB

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