Goldman Sachs has a blunt message on oil prices and jobs
Goldman Sachs economist Pierfrancesco Mei published a note on March 26 estimating that the current oil price surge will reduce U.S. payroll growth by roughly 10,000 jobs per month through the end of 2026. The bank also expects the unemployment rate to rise 0.2 percentage points in total to 4.6% by Q3 2026. Higher oil […]
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