Spending and jobs up in hospitality
The hospitality industry continues to show promising signs of recovery following a difficult few months.
According to data from the Zip Weekly Spending Index, consumer spending at restaurants and cafes in June is nearing pre-COVID levels, with the industry experiencing 3 per cent growth compared to 2019.
The data shows spending in restaurants was up 7 per cent (monthly, year on year) in June with spending at cafes close to hitting normalcy at -1 per cent.
Spending at pubs and bars remained down, but increased to -30 per cent in June compared to -74 per cent in May.
Meanwhile, month-on-month job growth is up by 41.5 per cent, with hospitality and tourism contributing significantly to the tune of 80 per cent for the month of June.
Hospitality and tourism growth was up 70 per cent in Queensland; 49 per cent in South Australia; 51 per cent in Victoria; 56 per cent in Western Australia; 61 per cent in the Australian Capital Territory and 43 per cent in New South Wales.
Top jobs included chefs and cooks, wait staff and bar and beverage staff.
“An 80 per cent increase in job ad volume in June should come as welcome news for job seekers in the industry, however we expect this growth to be short-lived in metropolitan Melbourne as the state re-entered lockdown in early July,” says Kendra Banks, Managing Director, Seek ANZ.
According to the Seek Employment Report, all states saw a rebound in job ads, marking the second month of continuous ad growth across the country.
Image credit: Acoustical Surfaces