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Goldman December Payrolls Preview

January 7, 2022

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Senators call on former Silicon Valley Bank, Signature Bank CEOs to testify

Ford’s EV business lost $2 billion in 2022, offset by big profits in fleet and legacy units

A few brief excerpts from a note by Goldman Sachs economist Spencer Hill:
We estimate nonfarm payrolls rose 500k, above consensus of +444k. … We estimate a one-tenth drop in the unemployment rate to 4.1%.
emphasis addedCR Note: The consensus is for 400 thousand jobs added, and for the unemployment rate to decrease to 4.1%.

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Goldman December Payrolls Preview

Senators call on former Silicon Valley Bank, Signature Bank CEOs to testify

Ford’s EV business lost $2 billion in 2022, offset by big profits in fleet and legacy units

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