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.
Goldman Sachs Says a Recession Is Less Likely Given Strong Jobs Data
Key Takeaways A strong jobs report has reduced than chances of a recession in the next 12 months, according to Goldman Sachs analysts.A lower unemployment rate avoids a key early stage recession indicator called the "Sahm Rule.
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
2,000 TGI Fridays jobs 'saved'
Employers added 254,000 jobs in September, blowing away forecasts
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Employers added 254,000 jobs in September, reflecting strong gains as election nears
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CNBC Daily Open: September's shockingly good jobs report changes everything
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Blowout September jobs data points to solid economy and slower Fed rate cuts, analysts say
September's 254,000 new jobs topped consensus forecasts by about 100,000. This means the Fed can probably slow the pace of ...
Blockbuster jobs report paves way for US economy to avoid recession in 'soft landing,' experts say
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Steve Jobs once said what he really thinks about consultants — to a group of consultants
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CVS to cut more than 630 jobs based at its Rhode Island headquarters
Only 153 of the terminated employees work at the Woonsocket headquarters or surrounding facilities while the remaining ...