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Goldman Sachs:

• The employment components of various manufacturing surveys have been weak (Dallas Fed manufacturing survey, Chicago PMI & the ISM services report)
• Mining sector job losses may persist and continue to be a drag
• GS say that the consensus forecast has overestimated jobs growth in May for the last few years, by 56,000 on average over the previous 5 years
• Warm weather likely inflated the jobs number in April, but this may have

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Tags: barclays, deutsche bank, goldman sachs, rbs

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