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 ZeroHedge: There's An Odd Chill In The Air – Dallas Fed Respondents Warn Of "Pending Doom" READ MORE Gold Maintains Momentum as Markets Await Crucial US Jobs Report READ MORE Fed's Michelle Bowman Emphasizes Caution in Monetary Policy to Counter Inflation READ MORE US Budget Gap Widens 16% in First Four Months of Fiscal Year READ MORE Samsung: 2024 Key Commodity Market Outlook READ MORE Add a Comment Cancel replyYour email address will not be published.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