EMPLOYMENT & UNEMPLOYMENT • Jul 2014 • Volume 3 / Number 16
Restaurants help feed job growth: how the leisure and hospitality industry fared after the recent employment downturn
The leisure and hospitality industry gained more than 1.6 million jobs during the recent employment recovery, accounting for almost 1 out of every 5 nonfarm jobs added. Other industries had similar or larger job gains, but the leisure and hospitality industry is interesting because so many of the jobs were created in very few component industries. This article examines recent trends in the leisure and hospitality industry and analyzes the concentrated distribution of job gains.Read full article » | Download PDF
This article compares relative importances based on data collected during three periods that can be characterized roughly as boom, recession, and recovery.
Shrimp has become a popular purchase for American consumers, with U.S. consumption of shrimp reaching 3.8 pounds per person in 2012. Demand for shrimp has increased over the years, and shrimp is currently the largest imported seafood species, accounting for 29 percent of seafood imports by dollar value. In 2013, consumers and businesses found themselves paying higher prices with less product available in supermarkets and restaurants.
On average, education accounts for about 2 percent of total annual expenditures by U.S. consumers, but this percentage varies greatly by demographic. Some groups appear to spend much more than others, so it is natural to question what causes these differences in spending. This Beyond the Numbers article looks at the amount of money invested in education by different race and ethnic groups and examines different factors that could contribute to these differences.