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workers.
Unfortunately, detailed data is not available on the number of young; workers for whom a college education (and ultimately a higher standard of living and a better life) was more possible because of travel industry employment. This data might indicate that travel and tourism are the largest private student assistance program in the nation. Clearly, the travel industry is doing more than its share in providing not only income but training and experience for our young citizens.
Part of the reason this is possible is tourism’s ability to create new jobs faster than the rest of the economy, even during recession periods. The travel industry added 39,000 new jobs in the recessionary year 1982, while overall U.S. employment declined by 1.6 million jobs. Despite five recessions since 1958, the industry has produced successively more jobs in each of those intervening 25 years, contributing nearly 11 percent of the
87.4%