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:
+44 (0)207 803 1415
+1 646 503 3048
+44 (0)203 910 8065
From opportunity to impact – Assessing the economic, societal, and cultural benefits of YouTube in Canada in 2022
This study presents an updated assessment of YouTube’s contribution to Canada's GDP and employment, and its broader impact on society and culture.Find Out More
Multilateral Development Banks for Global Public Goods
The global challenges of today are transboundary and pose existential risks for our societies and economies – including climate change, biodiversity loss, pandemics, fragility, violence and conflict.Find Out More
Generating ROI with AI: Six capabilities that drive world-class results
Generative AI has taken the business world by storm, with large language models (LLMs)—including OpenAI’s ChatGPT—splashed across the news. And executives aren’t immune to the hype. AI is becoming an ever-larger component of IT budgets, with worldwide spending on AI-centric systems expected to hit $154 billion this year—up 27% over 2022. But will enterprises spend these resources wisely? Our research says yes—if organizations take a disciplined approach.Find Out More