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