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Stagnant jobs market may weigh on optimistic GDP figures, warns Goldman Sachs
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Stagnant jobs market may weigh on optimistic GDP figures, warns Goldman Sachs

1 min read

Jan Hatzius warns America’s job market slump could drag down growth, with frontloaded orders and AI disruption skewing GDP signals.

In a note seen by Fortune, Goldman’s chief U.S. economist Jan Hatzius highlighted that GDP estimates have moved up sharply during the government shutdown, with Q2 tracking at 3.8% and Q3 at 3.3%. By some estimations, that figure is even higher: The F... [3476 chars]

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Source: Fortune

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