Goldman: November Payrolls Preview - InvestingChannel

Goldman: November Payrolls Preview

A few brief excerpts from a note by Goldman Sachs economist Spencer Hill:

We estimate nonfarm payrolls increased 180k in November … We expect a 46k boost from the end of the General Motors strike … We also believe some of the 68k ADP miss this month reflected legitimate weakness in the ADP jobs panel.

We estimate an unchanged unemployment rate at 3.6%
emphasis added

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