Leisure and Hospitality drive jobs number higher

Key Take Away

The employment rate decreased slightly and job numbers rose for the first time since the coronavirus crisis began.

The May jobs numbers showed an unexpected jump in payrolls as certain sectors like leisure and hospitality made a comeback that dramatically beat estimates and surprised economists and market observers.

Non-farm payrolls jumped 2.509 million in May, compared to an expected loss of 7.5 million. Leisure and hospitality sectors, which had been hit sharply by the coronavirus’s shutdowns, added 1.239 million jobs, the largest rebound. Food services and drinking places employment grew by 22%.

The challenge for restaurants reopening is that they must do so with some measure of social distancing in place; being restricted to lower capacities could pose a threat to many more hospitality jobs coming back.

For More Information Click below :

money.yahoo.com/leisure-and-hospitality-drive-jobs-numbers-higher-142522323.html

Payroll gains were broad-based in the May 2020 jobs report.money.yahoo.com/leisure-and-hospitality-drive-jobs-numbers-higher-142522323.html

EHL Named Best Hospitality & Leisure Management School In The World

LAUSANNE - 2020 QS World University rankings: Soon after the confirmation of its Michelin star, Ecole hôtelière de Lausanne (EHL) has been ranked as the world's leading institution for hospitality and leisure management education.

"Switzerland continues to set the example in terms of academic excellence, competitiveness and innovation. The canton of Vaud in particular, with its centers of excellence, the ambitious development strategy of the Department for the Promotion of Economy and Innovation (SPEI), and also thanks to the intelligence of each player to leverage this exceptional network, has become a leading hub for the creation and transmission of knowledge, recognized throughout the world," 

Michel Rochat, EHL Group CEO, reacted to the news by stating that "Switzerland's tradition of excellence and its education model continue to be recognized worldwide". EHL now also ranks among traditional management schools, coming in 7th place in Switzerland. "Our positioning is no longer that of a school purely dedicated to the hotel industry. Our graduates are very competitive in a multitude of industries where the customer experience is a central tenet, such as luxury, banking or aviation. So we aren't surprised to be compared with the best business schools. With two campuses in Switzerland and one in Singapore, as well as an innovation village open to our students, we are proud of the unique offer that has been developed in recent years,"

For more info visit the site www.ehl.edu