The G20 Conference in Los Cabos, Mexico Discusses Link Between Tourism and Economic Recovery through Employment [2]
One of the main themes of the recent G20 conference [3] in Los Cabos, Mexico was the importance of tourism and international travel to the job market. In the LeadersDeclaration at the G20 meeting the significance of tourism on the vital recovery of the world’s economy was highlighted, “we recognise the role of travel and tourism as a vehicle for job creation, economic growth and development, and, while recognising the sovereign right of States to control the entry of foreign nationals, we will work towards developing travel facilitation initiatives in support of job creation, quality work, poverty reduction and global growth.”
At the G20 conference in Los Cabos, Mexico [4], The United Nations World Tourism Organization (UNWTO) and the World Travel and Tourism Council (WTTC) advocated this link between economic recovery and tourism. The tourism sector of the economy can create countless employment prospects for individuals and can spur a significant amount of growth in the GDP of the G20 countries in question.
Furthermore, the tourism market is anticipated to make up $2 trillion of the world’s GDP and create as many as 100 million new jobs on a global scale this year. Cultural tourism and ecotourism can tackle the problem of unemployment in an imperative fashion, creating jobs and securing opportunities for individuals containing a variety of different skill sets. This in turn will reduce some of the damaging effects attributed to unemployment, including poverty.