In June, the travel job market experienced a notable decline, with new job listings falling significantly compared to the previous year.
- New job listings in the travel sector decreased by 26% in June compared to the same month in 2023.
- The number of candidates searching for travel industry jobs also saw a drop, declining by 22% from May 2024.
- Fewer individuals were placed in travel jobs, with a 35% decrease from June of the previous year.
- Factors like major summer sports events and the general election are cited as reasons for the slowdown.
The travel job market witnessed a sharp contraction this June, as the number of new roles advertised fell by 26% compared to June 2023, despite the previous month’s figures being relatively high. This downturn represents more than a 20% decline compared to the same period last year, highlighting a significant reduction in opportunities within the travel sector.
Similarly, the number of fresh candidates seeking positions in the industry also tapered off, experiencing a 22% decline. This followed a peak in May 2024, suggesting that while there was initial optimism and interest at the start of the summer, it has not been sustained as the season progressed.
There was also a marked decrease in job placements, with figures dropping 27% month-on-month and 35% year-over-year. This indicates that not only are fewer job seekers entering the market, but also fewer are successfully securing roles within the travel industry, exacerbating concerns over the sector’s hiring trends.
Barbara Kolosinska from C&M Travel Recruitment provided insight into the causes of this downturn, noting that summer typically sees a lull in recruitment as both jobseekers and hiring decision-makers take holidays. Furthermore, high-profile sporting events like the Euros and Wimbledon, along with the Olympics, have served as additional distractions.
Kolosinska also noted the potential impact of political events, pointing out that the general election has contributed to the quieter jobs market. However, with the formation of a new government, there is cautious optimism that recruitment activity might rejuvenate as the summer advances.
The travel job market’s June decline reflects broader seasonal and socio-political influences, yet there is hope for recovery in the coming months.
