Weighing in on the NFP report, Goldman Sachs also notes the extraordinary jump in those working...
Weighing in on the NFP report, Goldman Sachs also notes the extraordinary jump in those working part-time for economic reasons as a factor behind the drop in the headline unemployment. The broader U-6 rate showed no decline, remaining at 14.7%. Still, Goldman calls the report encouraging, noting a large increase (418K) in the previously shrinking labor force.
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