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jobs, recession and Goldman Sachs
A recession next year is now even less likely following the blowout jobs report, says Goldman Sachs
Economists are less concerned about an imminent downturn after far more jobs were added in September than expected, and unemployment fell.
Dow closes at record high after blowout jobs report
Stocks rallied after data showed nonfarm payrolls grew by 254,000 jobs in September, far outpacing the forecasted gain of 150,000 from economists polled by Dow Jones. The unemployment rate ticked down to 4.1% despite expectations for it to hold steady at 4.2%.
Goldman Sachs lowers odds of US recession to 15% after better-than-expected jobs report
Goldman Sachs has lowered the odds of the United States slipping into a recession in the next 12 months by five percentage points to 15%, following the latest employment report that showed better-than-expected data.
U.S. Recession Less Likely Now, Goldman Sachs Says. Why the Outlook Is Brighter.
If Fed officials had known the subsequent data, they probably would have opted for a quarter-point cut on Sept. 18,” economist Jan Hazius said.
Goldman Sachs Lowers U.S. Recession Odds to 15% Following Strong Job Growth
U.S. Recession Risk Decreases Amid Job Market Gains Goldman Sachs has reduced the probability of a U.S. recession within the next 12 months to 15%, down from 20%, after the September employment data showed
Opinion
2h
Opinion
How to Think About the Surprising US Jobs Data
September's labor market report shows economists are missing important drivers of US strength. Here's why they keep getting ...
2d
on MSN
Employers added 254,000 jobs in September, blowing away forecasts
Wall Street is watching the labor market for signs of slower hiring, which could influence the Federal Reserve's next rate ...
2d
on MSN
Blockbuster jobs report paves way for US economy to avoid recession in 'soft landing,' experts say
A blockbuster jobs report on Friday paved the way toward a soft landing, in which inflation returns to normal levels while ...
6h
on MSN
How a rates rethink after strong US jobs data could shake up markets
The reverberations from a blowout U.S. employment number could threaten an assortment of trades predicated on falling ...
11h
on MSN
CNBC Daily Open: September's shockingly good jobs report changes everything
The jobs report affirms recession unlikely for now. It also almost guarantees the Fed will reduce rates by a quarter point in ...
1d
on MSN
The jobs number surpassed everyone’s expectations. Cue the complaints about the Fed
Last month, the Fed slashed interest rates by a supersized half-point in a bid to prevent the job market from falling apart, ...
2d
Jobs Report Adds to Economic Momentum for Harris
Recent reports have shown inflation slowing and the economy growing at a robust clip. The Fed has also cut interest rates, ...
2d
on MSN
Employers added 254,000 jobs in September, reflecting strong gains as election nears
The September jobs report released Friday shows continued strong market growth heading into the November presidential ...
20h
7 Tech Jobs That Pay $100,000+ And Don’t Require A Degree
When we think of any career within the STEM field (science, technology, engineering, and math), we're usually inclined to ...
1d
Steve Jobs once said what he really thinks about consultants — to a group of consultants
Steve Jobs believed consulting lacks critical elements of a meaningful job, like the ability to own your mistakes.
Opinion
3h
Opinion
America’s Jobs Market Has Entered the Twilight Zone
Companies aren’t so worried that they’re letting a lot of people go, but they’re also not so confident that they’re hiring a ...
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