Goldman is slashing its forecast for tomorrow's nonfarm payroll report to a gain of 25K jobs...

|By:, SA News Editor

Goldman is slashing its forecast for tomorrow's nonfarm payroll report to a gain of 25K jobs from one of 50K. The firm cites "evidence of weak hiring in July and August," including the M/M drop reported in today's ISM manufacturing data. On average, economists expect a gain of 93K jobs to be reported, down from 117K in July.