Cafe culture prevents employment slump

I recall Alan Kohler observing a while ago that everyone is eating out for breakfast on the weekends nowadays. It’s a good thing that people are, from an employment perspective, given that employment growth in cafes, restaurants and hotels has basically prevented the labour market from completely stalling in Queensland, which it may have done, due to the contraction in mining and mining-related construction (see chart below, particularly the bar for accommodation and food services, which includes cafes). I expect the recovery in tourism due to the lower exchange rate has had something to do with employment growth in the accommodation and food services sector, too.

employmentgrowthxindustry

This entry was posted in Labour market and tagged , , , , , , , , , . Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s