Strong Hiring Predicted for the US This Year

Goldman Sachs is forecasting increased US job creation during 2021 and predicts the unemployment rate will drop to 4.1% by the end of this year. A combination of factors are expected to drive the surge in US employment during 2021, including pent-up demand to spend by consumers with a lot of cash saved up, as well as expansion of the vaccination programs across the country, resulting in the re-opening of more business sectors. The $1.9 trillion stimulus package and massive infrastructure program are also expected to pump trillions of dollars into the American economy and produce many new jobs in the USA. To read more, click here!