Goldman Sachs Group Inc. Reports May Payroll Growth and Jobless Rate Expectations
Goldman Sachs Group Inc. has released its expectations for May payroll growth and jobless rate. According to the company, it predicts a headline number of 125k in payroll growth and a jobless rate of 4.2%.
Federal Government Hiring Impact
The company has warned that federal government hiring may drag on headline numbers due to workforce cuts. This development may impact the overall payroll growth and jobless rate.
Risk-Taking and Stock Performance
Goldman Sachs has moderated its risk-taking since the U.S. President’s tariff announcement and is bracing for more uncertainty. The company’s shares have crossed the 2% yield mark, with the stock trading as low as $598.72.
Stock Price Fluctuations
The company’s stock price has been relatively stable, with some fluctuations. The 52-week high and low prices have been reported as follows:
- 52-week high: $672.19
- 52-week low: $437.37
Company Overview
Goldman Sachs continues to be a major player in the financial industry, with a strong presence in the capital markets. The company’s expectations and actions are closely watched by investors and analysts, who are looking for any signs of changes in the company’s strategy or performance.