1031 GMT - Goldman Sachs expects 70,000 new jobs were created in the U.S. in December, broadly in line with the consensus. Economists in the Wall Street Journal's poll forecast 73,000 jobs. On the positive side, big data indicators showed a moderate pace of private sector jobs growth and seasonal distortions look supportive for December jobs growth on balance, Goldman Sachs analysts say. On the negative side, they expect a 5,000 decline in government payrolls, and sequentially slower construction employment growth after an outsized increase in November and unusually poor weather early in the survey period. They also expect that the unemployment rate edged down to 4.5% in December from 4.6% in November. (emese.bartha@wsj.com)
(END) Dow Jones Newswires
January 09, 2026 05:31 ET (10:31 GMT)
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