Hospitality jobs boom as US prepares for World Cup
Hospitality jobs boom as US prepares for World Cup7 minutes ago Share Save Add as preferred on GoogleArchie MitchellBusiness reporterGetty ImagesThe US economy created 172,000 jobs in May as pubs, bars and restaurants...
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An important development from the financial markets: Hospitality jobs boom as US prepares for World Cup7 minutes ago Share Save Add as preferred on GoogleArchie MitchellBusiness reporterGetty ImagesThe US economy created 172,000 jobs in May as pubs, bars and restaurants ramped up hiring ahead of the World Cup. They were primarily created in leisure and hospitality, local government, and health care, according to the Bureau of Labor Statistics (BLS).
The figures cover the lead-up to this summer's tournament, being jointly hosted by the US, Mexico and Canada. Employment in the financial sector dropped, while the overall unemployment rate held at 4.
Economists are analysing what the news means for the markets.
