Goldman January Payrolls Preview - InvestingChannel

Goldman January Payrolls Preview

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

We estimate nonfarm payrolls rose 200k … We also expect fewer seasonal layoffs of retail, leisure, and temp help workers, due to already-depressed employment levels in those industries … We estimate an unchanged unemployment rate at 6.7%.
emphasis added

CR Note: The consensus is for 50 thousand jobs added, and for the unemployment rate to be unchanged at 6.7%.

Related posts

Idiocy in Spain: Bank Proposal to Build More Houses, Issue More Mortgages, Despite Massive Inventory and Enormous Drop in Sales

Mish Global Economic Trend Analysis

Sky City: China to Build World’s Tallest Building, 220 Stories, in 90 Days

Mish Global Economic Trend Analysis

It’s No Wonder People Don’t Understand the “Public” Debt

Angry Bear

EU Budget Laugh of the Day “No One Is Discussing Quality”

Mish Global Economic Trend Analysis

Via Barry Ritholtz’s  Big Picture comes this PBS six minute …

Angry Bear

Politics and Specific Policies

Angry Bear