Goldman Sachs: US may lose 50,000 jobs in October

Odaily Planet Daily reports that Goldman Sachs estimates the U.S. will lose approximately 50,000 non-farm payroll jobs in October, the largest drop since 2020. Its job growth tracking indicator slowed to 50,000 from 85,000 in September, with another 100,000 jobs lost due to the Trump administration's "deferred departure program." The bank noted that the number of layoffs is rising and labor market indicators are weakening. (Golden Ten)