Goldman Sachs forecasts the economic recovery will drive the unemployment rate back to 3.5% by the end of next year, CNN reports.
“At 3.5%, the unemployment rate would match the 50-year low hit in late 2019 and repeated in early 2020. This would mark a dramatic improvement from April 2020 when the eruption of the pandemic sent the unemployment rate skyrocketing to 14.8%.”
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Taegan Goddard is the founder of Political Wire, one of the earliest and most influential political web sites. He also runs Political Job Hunt, Electoral Vote Map and the Political Dictionary.
Goddard spent more than a decade as managing director and chief operating officer of a prominent investment firm in New York City. Previously, he was a policy adviser to a U.S. Senator and Governor.
Goddard is also co-author of You Won - Now What? (Scribner, 1998), a political management book hailed by prominent journalists and politicians from both parties. In addition, Goddard's essays on politics and public policy have appeared in dozens of newspapers across the country.
Goddard earned degrees from Vassar College and Harvard University. He lives in New York with his wife and three sons.
Goddard is the owner of Goddard Media LLC.