[Goldman Sachs Expects U.S. October Non-Farm Payrolls to Decrease by 50,000] Goldman Sachs estimates that U.S. non-farm payrolls in October will decrease by approximately 50,000, marking the largest drop since 2020. Employment growth tracking indicators fell from 85,000 in September to 50,000, with an additional 100,000 jobs cut due to the "Deferred Departure Plan" implemented by the Trump administration. Goldman Sachs noted an increase in layoffs and weakening labor market indicators.