Unemployment Now Under 4%

Goldman sees unemployment below 4%, job market getting so good it could ‘overshoot’

  • Goldman Sachs economists said the job market is doing better than they expected and doing so well it could “overshoot” full employment.
  • The economists revised their forecast for unemployment to 3.8 percent next year from 4.1 percent.
  • The economists expect the Fed will move faster than the market believes to raise interest rates — at a pace of one hike per quarter in 2018 and 2019.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

Powered by WordPress.com.

Up ↑

%d bloggers like this: