Americans Are Divided on How They Rate the Job Market in Their Region
How they feel about the job market right now shows clear ties to what they think is coming for their region
Preliminary traffic figures for the month of June released yesterday by the Association of AsiaPacific Airlines (AAPA) confirmed continued growth in international passenger demand, but air cargo markets softened.
Jobless rates were lower in June than a year earlier in 351 of the 387 metropolitan areas, higher in 28, and unchanged in 8. Nonfarm payroll employment was up in 317 metropolitan areas over the year, down in 61, and unchanged in 9.
In year-over-year measurements, the industry's occupancy increased 1.5% to 79.1%. Average daily rate for the week was up 5.1% to US$125.04. Revenue per available room increased 6.6% to finish the week at US$98.91.
Guidance regarding the new financial ratios and operating metrics presented in the USALI prepared by committee member Agnes DeFranco.