Oct. 8, 2021

Payrolls Come In Far Below Estimates.

Payrolls Come In Far Below Estimates.

Payrolls, to say that was a shock, would be the understatement of the day. Non farm payrolls came in below Wall Street's most bearish estimate, showing just 194k were added to the payrolls in September.
Imagine being the research group at Goldman Sachs r...


Payrolls, to say that was a shock, would be the understatement of the day. Non farm payrolls came in below Wall Street's most bearish estimate, showing just 194k were added to the payrolls in September.

Imagine being the research group at Goldman Sachs right now. Talk about egg on your face. Goldman rushed to report that they felt payrolls would expand by 600k. Or more than three times higher, what were the actual numbers.