Here's One Sector Where Employment Is Growing Right Now

Tourism, a sector associated with fun and financial profligacy, is surging back eight straight quarters of job losses.

Air travel isn’t coming back in a big way just yet, but accommodation is. That might indicate more people are staying close to home and travelling by car for vacation, rather than flying.

From the Bureau of Economic Analysis (via Carpe Diem):

Tourism Unemployment 923

Photo: BEA

Real tourism spending has also seen a rebound, though only to late 2005, early 2006 levels.

From the Bureau of Economic Analysis (via Carpe Diem):

Real Tourism Spending 923

Photo: BEA

NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at research.businessinsider.com.au.