Goldman Sachs: Rising Unemployment Not a Recession Signal Goldman Sachs argues that the recent rise in U.S. unemployment is not signaling an imminent recession, despite historical indicators suggesting otherwise. They cite three reasons: the layoff rate remains low, an increase in labor supply is driving the unemployment rate rather than job losses, and the Federal Reserve has ample room to cut interest rates if needed. These factors suggest that the economy is not experiencing the usual negative feedback loop of job losses leading to reduced spending and further job losses. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Fed's Outdated Forecasting Challenged as Economy Defies Predictions READ MORE Soft U.S. Data Pushes Gold to Two-Week High READ MORE Fed Rate Cut Hopes Dampened by Persistent Inflation and Strong Job Growth READ MORE Inflation Shows Signs of Cooling Off, But Concerns Remain High READ MORE Gold Clings to Stability Amid High Interest Rate Fears READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment