40 percent of excess U.S. unemployment is in the leisure and hospitality (L&H) sector, despite that sector accounting for 11 percent of all pre-pandemic employment in the United States, according to a report by Tourism Economics.
If every industry recovered to its pre-pandemic employment level except for L&H, the overall employment rate would fall from 10.2 percent to 6.2 percent — still 2.7 percent higher than pre-pandemic levels.
To read the full report, click here.
