High Job Growth Projected for Leisure & Hospitality Sector


High Job Growth Projected for Leisure & Hospitality Sector
The view from Agasi 7 Rooftop Bar + Kitchen in downtown Little Rock (Jason Masters)

The Bureau of Labor Statistics projects the leisure and hospitality industry to add 1.9 million jobs from 2021-31, according to an October report.

That’s 23.1% of all new jobs projected for the period — 8.3 million. “That is a large projected increase for a sector that made up 8.9 percent of total employment in 2021,” the BLS said. “This rapid projected growth — the fastest of any sector, at an annual rate of 1.3 percent — results from the recovery following the COVID-19 pandemic.”

The bureau projected that seven of the top 20 fastest-growing industries will be in leisure and hospitality.