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WTTC: Pandemic is a threat to 174 million tourism jobs
The World Travel & Tourism Council’s latest 2020 tourism forecast projects fewer job losses globally than previously thought.
However, it says a massive 174 million jobs could still be lost this year if travel restrictions continue.
That figure is down from the 197 million job losses predicted in June.
It points to the return of domestic tourism markets for the slight improvement.
WTTC’s latest economic data says a further 31 million tourism jobs could still be saved by the end of 2020 if more restrictions are quickly removed.
"The sector’s recovery will be delayed even further, with more jobs lost, unless quarantines are replaced with rapid, cost-effective testing at airports on departure, and air corridors."
WTTC recently launched a global Jobs Recovery Plan
According to WTTC’s 2020 Economic Impact Report the industry employs one in ten of the global workforce and contributes more than 10% of global GDP.
Written by Ray Montgomery, US Editor
TravelMole Editorial Team
Editor for TravelMole North America and Asia pacific regions. Ray is a highly experienced (15+ years) skilled journalist and editor predominantly in travel, hospitality and lifestyle working with a huge number of major market-leading brands. He has also cover in-depth news, interviews and features in general business, finance, tech and geopolitical issues for a select few major news outlets and publishers.
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