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07 May Form 8 K Goldman Sachs Egr Msu

07 May Form 8 K Goldman Sachs Egr Msu

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for the jobs number uh the final number before the election came in Far Below estimates 12,000 jobs added in October the lowest number since December of 2020 breaking down some of those numbers for us here at Post 9 today is Goldman Sachs Chief Economist yan hootus yan happy Friday as always good to have you same to you good to be back what's the best way for a viewer to understand this print I think it's a very noisy number we knew that there was likely to be a negative strike effect and a negative hurricane effect going in the number came in well below the estimates but there also seems to have been a potentially a bigger hurricane effect we thought that helain was going to weigh on payrolls by something like 40 to 50,000 but if I look at the note from the labor department it seems like Milton also might have had an effect because they noted the evacuations around Milton so it's very hard to know I mean even with that it might be a little bit weaker and the ho

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