Job creation continued at a robust pace in February, with the unemployment rate holding at an eight-year low of 4.9 percent and labor force participation on the rise. Nonfarm payrolls increased by 242,000 jobs last month, the Labor Department said. The economy also added 30,000 more jobs in December and January than previously reported. Although manufacturing and mining employment fell, demand for hospitality and service workers has been helping drive total job growth. And if Fortune magazine’s latest “100 Best Companies to Work For” list is any indication, overall job satisfaction appears strong in the hospitality industry. Five hotel companies earned a spot on the list this year. Kimpton Hotels & Restaurants is the highest ranked hospitality brand at No. 20, while Hyatt jumped 31 spots over 2015 to reach 47th place. New to the list this year is Hilton Worldwide, coming in 56th. Four Seasons and Marriott, ranking at No. 70 and No. 83, respectively, have been named to the list every year since its inception in 1998. To read more, click here.
