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By The Numbers: Despite Gains, Leisure & Hospitality Remains Hardest-Hit Industry

By Aaron Szyf, Economist U.S Travel Association share this article The latest employment report from the U.S. Bureau of Labor Statistics revealed that the Leisure & Hospitality (L&H) industry gained 331,000 jobs in April while overall U.S. jobs increased by a mere 266,000. The smaller gain in total jobs can be explained by the fact that it is a net number and is influenced by significant job losses in other industries mainly “temporary help services,” which lost 111,000 jobs and “transportation and warehousing,” which lost 74,000 jobs. L&H, by far, performed better than any other industry in terms of job growth in April, and the L&H unemployment rate fell from 13.0% in March to just 10.8%.

Building Back Better, April 20, 2021 | Brownstein Hyatt Farber Schreck

WHAT TO WATCH THIS WEEK Republican Counterproposal. Senate Republicans are crafting a counter-proposal as an alternative to President Joe Biden’s American Jobs Plan (AJP). The package is expected to cost around $600 to $800 billion and consist only of “traditional” infrastructure projects like highways, roads and bridges. When exactly the proposal will be introduced is unclear, but its contents will continue to develop this week.  LATEST DEVELOPMENTS White House Infrastructure Meeting. President Biden continued his push to gain support from lawmakers for his infrastructure proposal. Yesterday, he held the second in a series of meetings on the plan, this time with lawmakers that previously served as state or local government officials.

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