Goldman Sachs Flags ‘Growing Signs of Weakness’ in the US Jobs Market as Layoffs Mount
As job losses increase across important sectors, Goldman Sachs has issued a new warning regarding the US employment market, pointing out “growing indicators of weakening” which could impact the outlook for economic growth into 2025. Goldman Sachs’ latest report indicates that the market for labor is cooling faster than forecast and raises concerns regarding the rate of hiring, in …