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Goldman December Payrolls Preview

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by Calculated Risk on 1/06/2022 03:59:00 PM

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

We estimate nonfarm payrolls rose 500k, above consensus of +444k. … We estimate a one-tenth drop in the unemployment rate to 4.1%.
emphasis added

CR Note: The consensus is for 400 thousand jobs added, and for the unemployment rate to decrease to 4.1%.

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