Ungated Post | 29 May 2019

Made in America: Travel’s Contribution to Workforce Development and Career Advancement

For millions of Americans, a career in the travel industry is not just a first job, but the first step toward the American dream of a stable, prosperous and rewarding life with a competitive salary for employees and their families. Travel jobs are accessible, often providing the first foothold on the career ladder, the flexibility to pursue education or raise a family and opportunities to reenter the workforce.

Made in America: Travel’s Contribution to Workforce Development and Career Advancement—explores how travel industry jobs provide accessibility, flexibility and the skills required to discover a pathway to prosperity for millions of Americans.

Key highlights include:

Americans whose first job was in travel went on to earn a maximum average salary of $82,400 by the time they were 50 years old—higher than workers whose first jobs were in manufacturing, health care and most other industries.

The travel industry is one of the top 10 largest employers of middle-class wage earners in the U.S. Of the 6.1 million Americans working part time while pursuing higher education in 2018, more than half were employed in travel-related industries.

Among workers who began their careers in the travel industry, nearly one-third (32%) eventually earned at least a bachelor’s degree.

Read the full report

Our economic consulting team are world leaders in quantitative economic analysis, working with clients around the globe and across sectors to build models, forecast markets and evaluate interventions using state-of-the art techniques. Lead consultants on this project were:

Oxford Economics’ team is expert at applying advanced economic tools that provide valuable insights into today’s most pressing business, financial, and policy issues.

To find out more about our capabilities, contact:

EMEA
Sam Moore
+44 (0)207 803 1415
Email

Americas
Jeffery Klonoski
+1 646 503 3048
Email

Asia
James Lambert
+44 (0)203 910 8065
Email

Related Services

Post

Experian / Oxford Economics Main Street Report

Experian/Oxford Economics’ Main Street Report brings deep insight into the overall financial well-being of the small-business landscape, as well as provides commentary on what specific trends mean for credit grantors and the small-business community.

Find Out More

Post

The Economics of Reduced-Risk Products: Global policy landscape and principles for policy treatment

In this study, Oxford Economics assesses the policy landscape for ‘Reduced-Risk Products’ in the tobacco market, and explores the potential health and economics consequences of taking a precautionary policy stance against them.

Find Out More

Post

The Economic Impact of China PNTR Repeal

This study provides rigorous analysis to inform policymakers on the potential impact of an escalation in US-China tariffs. We examine how removing China's Permanent Normalized Trade Relations (PNTR) status would affect the US economy, finding that tariffs would cause substantial output and job losses.

Find Out More