
Phyrex|Jul 02, 2025 17:12
Goldman Sachs expects June employment report to be lower than expected
Goldman Sachs expects the United States to add 85000 new jobs in June, lower than the consensus of 110000. They pointed out the reduction of federal jobs, Trump's immigration crackdown, and the impact of tariffs on the manufacturing industry.
Goldman Sachs also expects the unemployment rate to rise from 4.24% in May to 4.3%.
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