A pulse check on holiday travel and holiday hiring
Marketplace All-in-One
Marketplace
4.5 • 1.4K Ratings
🗓️ 25 December 2023
⏱️ 7 minutes
🧾️ Download transcript
Summary
The holiday travel season is likely to be a busy one, with more people expected to travel domestically this year than in 2022. Meanwhile, drivers can expect to pay the same (or even a bit less) for a gallon of gas. And there’s zero days left to wrap up Christmas shopping — so what better time to take stock of how hiring for the holiday season has shaped up?
Transcript
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| 0:00.0 | It's Christmas, which means busy airports and busy roads. |
| 0:06.0 | For marketplace, I'm Nova Safo in for David Brancaccio. |
| 0:09.0 | Merry Christmas to all who celebrate. |
| 0:11.0 | Last year's holiday travel period was busy this year. By the time New Year's day is behind us, it's expected to be even busier. |
| 0:19.0 | The good news, if you're traveling or plan to, is that it has likely cost you less than it did last year. |
| 0:25.2 | Travel website Hopper for instance says Christmas time plane tickets have been 12% cheaper. |
| 0:30.4 | Marketplace's Nancy Marshall Genser has more. |
| 0:33.4 | The holiday travel season runs from Thursday, December 21st through Tuesday, January 2nd, |
| 0:39.0 | according to the Transportation Security Administration, the agency pegs December 21st and 29th and New Year's Day as the busiest travel days. |
| 0:48.1 | The TSA expects to screen more than 2.5 million passengers each of those days, a 6% increase from last year. |
| 0:55.6 | AAA says more people will be traveling domestically this year than in 2022. |
| 1:00.4 | That's its second highest year-end travel forecast since 2000. |
| 1:05.0 | But AAA expects drivers will be paying about the same or even less for a gallon of gas |
| 1:10.0 | than they did this time last year. |
| 1:12.0 | That's good because TransUnion says a majority of the households it surveyed plan to spend less than $5,000 on their holiday travel. |
| 1:20.0 | I'm Nancy Marshall Genser for Marketplace. |
| 1:24.3 | And speaking of travel, last week we told you about the record $140 million fine the U.S. Department |
| 1:30.5 | of Transportation is levying against Southwest Airlines. |
| 1:33.3 | This is for that operational meltdown during last year's holiday travel period. |
| 1:38.3 | Most of that money will actually go towards compensating future Southwest customers if they face certain cancellations. |
| 1:45.4 | We have details on who qualifies and who doesn't and how federal officials hope to reform |
| 1:50.2 | air passenger compensation. |
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