Before June's job report was released, some economists forecasted that May's surge in leisure and hospitality may have been connected to Memorial Day timing. "May's surge in leisure & hospitality may have been driven by the World Cup or Memorial Day timing, and if it was the latter, June could see payback," BofA wrote before the jobs report was released. In today's employment situation report for June, leisure and hospitality lost 61,000 jobs. (jessica.coacci@wsj.com)
Dow Jones Newswires
Memorial Day Timing May Have Boosted Last Jobs Report — Market Talk
- Sources
- Dow Jones Newswires
- Markets
- Economy
- Language
- English
Before June's job report was released, some economists forecasted that May's surge in leisure and hospitality may have been connected to Memorial Day timing. "May's surge in leisure & hospitality may have been driven by the World Cup or Memorial Day timing, and if it was the latter, June could see…