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The June employment report reveals a decline of 61,000 jobs in the leisure and hospitality sector, which includes tourism-related employment. This decline comes despite expectations of a hiring boost due to the World Cup, with previous job gains also revised down significantly. Analysts are monitoring potential impacts on local economies as employment data for metro areas is set to be released later this month.
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The June employment report reveals a decline of 61,000 jobs in the leisure and hospitality sector, which includes tourism-related employment. This decline comes despite expectations of a hiring boost due to the World Cup, with previous job gains also revised down significantly. Analysts are monitoring potential impacts on local economies as employment data for metro areas is set to be released later this month.
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No World Cup jobs bump evident in June data
June Employment Data Shows Decline in Leisure and Hospitality Jobs