AXIOS (Neil Irwin) - No World Cup jobs bump evident in June data
With the U.S. hosting the World Cup, there have been plenty of anecdotes about a booming tourism economy in host cities — Scotland fans drinking Boston bars out of beer, for example. - But no World Cup hiring bump is evident in the June employment data. By the numbers: Leisure and hospitality employment fell by 61,000 jobs in June. That's the category that includes restaurant and hotel employment and is most sensitive to tourism trends. - The report also sharply revised down what had been first reported as a huge surge in May employment in the sector — to 40,000 jobs added from 70,000. Of note: The month-to-month numbers are volatile, reflecting both sampling error and the vagaries of seasonal adjustment processes. But even over…