by Calculated Risk on 10/06/2022 04:25:00 PM
A few brief excerpts from a note by Goldman Sachs economist Spencer Hill:
We estimate nonfarm payrolls rose by 200k in September (mom sa), 50k below consensus and a slowdown from the +315k pace in August. … We estimate the unemployment rate was unchanged at 3.7% in September …
CR Note: The consensus is for 250 thousand jobs added, and for the unemployment rate to be unchanged at 3.7%.