If you missed last week's virtual event on regional economic conditions, you can still catch from the thorough and thoughtful conversation. Watch Ron Wirtz, Director of Regional Outreach at the Federal Reserve Bank of Minnesota, Ben Wogsland, Hospitality Minnesota, and Gretchen Nussbaum, Explore Minnesota Tourism discuss the Summer 2022 survey results and how businesses in this sector are dealing with challenging conditions.
Watch the virtual event recording
Hospitality Recovery Slips in August
After six months of positive jobs growth in 2022, August saw a reduction of 1,365 jobs in hospitality according to new data from the Department of Employment and Economic Development. This represents 15% of the 9,346 jobs reduction statewide last month. The industry is currently down 22,934 workers from pre-pandemic levels, as workforce continues to be one of the top challenges facing recovery. As reported in the most recent Economic Snapshot, 85% of hospitality operators report labor availability as “tight.” To learn more about what our industry is doing to rebuild the workforce pipeline of the future, visit our education foundation and see what you can do to get involved.
Follow as we advocate for the hospitality industry at the local, state and federal levels. This work has been a hallmark of the Association for decades, and will continue to be a core benefit of membership.