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World Cup Didn't Boost Jobs as Expected | Salt Lake City News
The World Cup didn’t deliver the job boom economists predicted—leisure and hospitality actually lost 61,000 jobs in June, shattering expectations and becoming the biggest disappointment in a sluggish labor market. While the overall economy added just 57,000 jobs (far below the 115,000 forecast), White House officials are baffled. Unemployment dipped slightly to 4.2% but that’s partly due to fewer people actively seeking work. Wages barely budged—up just 13 cents an hour—still lagging behind inflation. Though most sectors are hiring steadily, this one-month dip may be a blip, but it’s a stark…
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