The travel industry started 2014 off strong, with high employment and growth expected through the year, but according to new reports, the industry has reached a milestone in its operations. The U.S. Travel Association reported that the travel sector has reached an all-time high in its employment numbers, surpassing the number of individuals who were employed prior to the Great Recession.
According to the source, more than 7.9 million people are employed in travel-related professions in the U.S., in part because the industry added 31,000 jobs in the first four months of 2014 alone. David Huether, the seniors vice president of research and economics at the U.S. Travel Association, explained that the travel industry has boasted a growth rate far greater than the majority of other employment sectors, claiming that travel jobs have increased 17 percent faster than any other jobs in the nation.
"Further solidifying its claim as one of the most crucial sectors for job creation, the travel industry banked yet another employment record in March," Huether said in a press release. " … One of the main reasons behind this faster growth is that travel is more expert-oriented, more labor intensive and more immune to offshore outsourcing than other sectors of the economy."