Reports from the leading US hospitality jobs website, caterer.com have indicated that demand for jobs in the sector is on the rise. What does this mean for the hospitality industry as a whole?
Caterer.com is one of the world’s leading websites for hospitality vacancy and the site has gone on record reporting that in January it received 1.6 million views on its jobs ads, up from 1.2 for the same month of 2013.
This is a 19% jump in jobseeker views in the space of a year; that’s a telling figure. That means that there a lot more people interested in a career in the hospitality trade than there were a year ago; meaning that the industry has enormous potential for growth.
So why is this? There could be multiple reasons for the growth of interest in the hospitality trade; however the one that most people are backing is the economic recovery.
The last six months saw financial experts across the world reach a consensus; we are in sustained economic recovery. Naturally this isn’t universal, there are problems and there have been hiccups (emerging markets have seen rough activities as of late) yet overall the data seems to be matching up to the predictions.
Now we consider the hospitality market. It makes sense that this sector would see interest now. In a recession, anything that isn’t essential has to go, however in a recovery people finally feel comfortable enough to invest in non-essential industries such as hospitality again. They provide more room and potential to build on economic growth.
Neil Pattison, Sales Director of Caterer.com said on the matter that: “2014 is shaping up to be a landmark year for the hospitality sector. There are already strong signs of market recovery and this is having an impact on the movement of candidates in the sector. “
Pattinson then elaborated on the point, going into specifics. He said that: “In January alone, Caterer.com had 1.6 million visits to the site; an increase from 1.2 million for the same month in 2013. This increase in candidate activity is only the start and is already having an impact on the recruitment strategies of our clients.”
So the result these figures suggest is clear; the hospitality industry is on the rise. Look out for how this plays out over 2014 as it should be an exciting year for every part of this innovative sector.
Htet Tayza, Escape Gastro Bar