World Cup Could Lift June Jobs Data by About 40,000, Goldman Says
TL;DR Summary
Goldman Sachs estimates World Cup-related activity could add about 40,000 jobs to June’s payrolls, nudging total nonfarm payroll growth to roughly 140,000 and above the 115,000 consensus, with the boost concentrated in leisure/hospitality, professional services, and trade/transport; Homebase data also show hospitality hiring rising while World Cup hosting cities lag year over year.
- World Cup could boost the June jobs report by 40,000, Goldman estimates CNBC
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