Last week’s Bureau of Labor Statistics jobs report revealed a less than stellar job growth performance across all industries. Overall, in September we saw a gain of 194,000 jobs. 74,000 of those jobs came from leisure and hospitality — by far the most out of any industry, and this growth represents about 38% of all of the jobs added in September overall. While it was far below the industry monthly average of 197,000 jobs, it still shows that the hospitality industry is slowly but surely rebounding.
Typically in the last year, this has been a consistent pattern in hospitality, largely because hospitality jobs were the hardest hit at the onset of the pandemic so hotels, restaurants, and bars had the most ground to make up. That said, this comes after a rough August for the hospitality space where hiring was stalled — primarily because of the Delta variant, which seems to have reached its peak and is now headed on the decline.
Despite hospitality driving a large portion of the new jobs created month over month (again, with the exception of August) the unemployment rate among hospitality workers remains at 9.4% — about three percentage points higher than the overall