The accommodation and foodservices sector reported 1.3 million job openings in April, up from 989,000 in March, according to the U.S. Bureau of Labor Statistics’ Job Openings and Labor Turnover Summary released on Tuesday. Comparatively, this sector had 295,000 openings a year ago, just a month into the pandemic.
Hiring levels reached 1.2 million in April, compared to 395,000 in April 2020. In the last month, hiring jumped 22.9%.
While these numbers indicate the hotel and restaurant industry are hiring, the quitting rate is 5.6%, an all-time high, according to Bloomberg, and the highest of any other sector. In April, the segment lost 681,000 to attrition, which is about half of the new hires the two industries brought in.