MJgraphics / ShutterstockFriday's knockout jobs report has squashed fears of an imminent recession.The US economy added far more jobs than expected in September, and unemployment dipped to 4.1%.Goldman Sachs cut the chances of a recession in the next year to 15%, and other analysts cheered.Recession fears have weighed on Wall Street recently, but Friday's blowout jobs report has assuaged worries of an imminent economic downturn.Nonfarm payrolls, a key measure of employment, grew by 254,000 in September, crushing forecasts of fewer than 150,000 jobs.

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  • Goldman Sachs Lowers US Recession Risk To 15% After Robust Jobs Data
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