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World Cup Failed to Boost Jobs | Charleston News
The World Cup’s promised economic boom hit a snag as June job numbers revealed a shocking collapse in the leisure and hospitality sector—losing 61,000 jobs instead of fueling growth. Overall job growth lagged far behind forecasts at just 57,000, while unemployment dipped to 4.2% as fewer people entered the workforce, possibly due to aging demographics and immigration shifts. Some bright spots emerged in professional services and healthcare, but wage growth remains sluggish, failing to keep pace with inflation. This report signals a troubling pause in economic momentum—will it be a blip or the…
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