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Goldman Sachs Estimates 140,000 June Nonfarm Jobs Added, Up 40,000 From World Cup

2026-07-02 03:13:23

According to Goldman Sachs, the June nonfarm employment report to be released on Thursday is likely to come in stronger than market expectations of 115,000 new jobs added. Goldman estimates June nonfarm payrolls will reach 140,000, boosted by approximately 40,000 job opportunities generated by the FIFA World Cup, with gains concentrated in leisure and hospitality, professional services, and trade and transportation sectors. Goldman economists noted that data from small business payroll service Homebase shows world cup host cities saw only a 1.2% decline in hiring versus 3.5% elsewhere, while hospitality sector hiring increased 9.5%.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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ADP June Employment Report: Trade, Transportation, and Utilities Add 15,000 Jobs; Finance Gains 14,000

U.S. June Unemployment Rate Expected to Hold at 4.3%, Nonfarm Payroll Growth Projected Around 87,000

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