Latest News

Goldman May Payrolls Preview


by Calculated Risk on 6/02/2022 04:25:00 PM

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

We estimate nonfarm payrolls rose by 225k in May (mom sa), a slowdown from the +428k pace in both of the previous two months and below consensus of +323k. …
We estimate a one-tenth drop in the unemployment rate to 3.5%–in line with consensus
emphasis added

CR Note: The consensus is for 320 thousand jobs added, and for the unemployment rate to decline to 3.5%.

Brett Arends’s ROI: Social Security’s trustees have both good and bad news about the program’s shaky finances

Previous article

Market Snapshot: Dow, S&P 500, Nasdaq score best day in nearly a week despite Microsoft warning on dollar stocks

Next article

You may also like


Leave a reply

Your email address will not be published. Required fields are marked *

More in Latest News