Goldman Sachs: The US may lose 50,000 jobs in October

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BlockBeats2025/11/11 22:04

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BlockBeats News, November 11, Goldman Sachs estimates that non-farm payrolls in the United States decreased by about 50,000 in October, marking the largest decline since 2020. Its employment growth tracking indicator slowed from 85,000 in September to 50,000, with an additional 100,000 jobs cut due to the "deferred departure plan" implemented by the Trump administration.

The bank pointed out that the number of layoffs is rising and labor market indicators are weakening.

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