HOTEL HAPPENINGS & PROGRAM PROMOTIONS – NOVEMBER 2021
The job market is much better than has been pondered, worried over, and misrepresented according to the latest numbers released Nov. 5 by the U.S Labor Department. Nonfarm payrolls increased by 531,000 in October, beating the estimate of 450,000, states the report. “This is the kind of recovery we can get when we are not sidelined by a surge in Covid cases,” said Nick Bunker, economic research director at job placement site Indeed. “If this is the sort of job growth we will see in the next several months, we are on a solid path.” Best of all for the hospitality, leisure, and meetings & events are that these industries have regained 2.4 million positions lost during the pandemic as more than 164,000 Americans have now returned to restaurants and vacations.