New Business
Thursday, 7/2, 10:28 AM
World Cup's Job Boost Offers a Fleeting Lift to the June Employment Report
- Goldman Sachs estimates the FIFA World Cup added roughly 40,000 jobs to the U.S.
- economy in June, a temporary bump in hospitality and leisure as fans fill host cities like Los Angeles.
- Economists caution the gain is small, short-lived and easy to overstate — a blip in a national labor market of more than 160 million workers.