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Where Independent Traders, Investors, and Dribblers Thrive
[article]26[/article]
Goldman Sachs Jobs Report Forecast
NFP +175k
Unemployment rate from 4.1% to 4.0%
Average hourly earnings +0.3% m/m & +2.5% y/y
:
While labor market fundamentals appear solid, we expect a deceleration from the pace of job gains in October and November, which benefitted from a sharp employment rebound in hurricane-affected states. Our forecast also reflects a modest drag from winter storms around the December survey period.
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