Revised BLS Data Paints Darker Picture for Travel Industry Losses, Need for Additional Aid

WHAT'S HAPPENING NOW:

SUBSCRIBE TO MAGAZINE

Exhibiting &
Event Topics

EXHIBITOR
Magazine

EXHIBITOR
Xchange

EXHIBITOR
LIVE

EXHIBITOR
Education Week

Venues
& Destinations

EXHIBITOR
News

trending

Sponsored Content
Unveiling the Future: Four Market Trends for the Trade Show and Events Industry for 2024

Awards
Synergy Earns Double Gold at Hermes Creative Awards

EXHIBITORLIVE News
Exhibitor Group Issues Call for Proposals for Speakers and Session Ideas for Upcoming EXHIBITOR Learning Events

Company News
ASM Global Acts Joins With Leading Reuse Platform r.World to Eliminate Single-Use Plastic Across Venue Portfolio by 2025

Venues & Destinations
Proof of the Pudding Continues to Expand with Another Midtown Event Space in 8West

Associations/Press
UFI Announces Winners of 2024 Next Generation Leadership Grant Programme

Venues & Destinations
Raleigh Convention Center Expansion Project Poised to Break Ground

Associations/Press
EDPA and 2XL Imaging to Host Entrepreneur and Motivational Speaker Brandon Steiner on June 19

Company News
Aluvision Grows with Las Vegas Showroom & Parts Depot

submit your news

email newsletter

Associations/Press
Revised BLS Data Paints Darker Picture for Travel Industry Losses, Need for Additional Aid

2/4/2022
WASHINGTON — U.S. Travel Association Executive Vice President of Public Affairs and Policy Tori Emerson Barnes issued the following statement on the Bureau of Labor Statistics’ January employment report, which also featured revised data for the past several months confirming that 10% of leisure and hospitality jobs now remain lost, accounting for an overall 61% of the job losses due to the pandemic:

“While the overall jobs report today may be good news for some, the revised BLS data now confirms an even bigger revelation, that 61%, or nearly two-thirds, of all jobs still lost due to the pandemic are in the Leisure & Hospitality sector. The uneven recovery of the travel sector is due in large part to the lack of inbound international travelers, and the deep reduction in business travel and professional meetings and events. There could not be a more pressing time for Congress to implement short-term priorities to stimulate this vital contributor to the U.S. economy and rebuild American jobs.”

Measures before Congress to aid the recovery of the travel industry include:

A higher cap on H-2B visas, to ease the absence of labor for the over one million job openings in the leisure and hospitality industry.
Emergency support for Brand USA through passage of the Restoring Brand USA Act.
Targeted, temporary tax credits and deductions to stimulate spending on business travel, live entertainment and in-person events.
Additional funding for relief grants to severely impacted travel businesses.

U.S. Travel Association is the national, non-profit organization representing all components of the travel industry. In 2020, travel generated $1.5 trillion in economic output and supported 11 million jobs, a drastic decline from pre-pandemic figures. U.S. Travel's mission is to increase travel to and within the United States. Visit ustravel.org for information and recovery-related data. www.ustravel.org

Contact:
questions@exhibitormagazine.com