Restaurant and Hotel Workers Hit with Devastating Layoffs in November

Restaurant and Hotel Workers Hit with Devastating Layoffs in November


The steep toll of the resurgent pandemic on workers in the hotel and restaurant sector came into view Tuesday in a government report detailing layoffs in November.

Earlier reports, such as jobless claims numbers and the nonfarm payroll figures released on the first Friday of each month, had shown that layoffs were on the rise and hiring had softened. But those broad figures concealed just how deep the cuts were for hotel and restaurants workers.

Layoffs soared from just 130,000 in October to 393,000 in November, according to the Job Opening and Labor Turnover Survey released Tusday. To put that into historical context, if not for the record-breaking numbers hit in March and April, November would have been the worst month recorded in government data going back to December 2000.

On average over the first twenty years of this century, around 212,000 workers lost their jobs as restaurants or hotels

Trending: President Trump Just Announces “We Will Be Back In Some Form!”

Continue reading

You Might Like

Do NOT follow this link or you will be banned from the site!
Thanks for sharing!
Send this to a friend