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-9.85290196942545E-05 -0.000104324844382144 -0.000359341130649549 6.95498962546748E-05 -0.000197058039388509 0.00144316034728582 0.000405707728152533 0.000405707728152533
Stock impact report

Ford CEO Jim Farley says America is sleepwalking past its ‘essential economy' crisis. Goldman Sachs just showed how big it really is [Yahoo! Finance]

Goldman Sachs Group, Inc. (The) (GS) 
Last goldman sachs group, inc. (the) earnings: 4/15 07:30 am Check Earnings Report
US:NYSE Investor Relations: goldmansachs.com/investor-relations
Company Research Source: Yahoo! Finance
That's the emerging consensus between two disparate titans of the Fortune 500: Ford CEO Jim Farley, who has spent years sounding the alarm about a crisis in what he calls the “ essential economy ,” and Goldman Sachs, which is putting hard numbers on a labor crunch that threatens to slow the very AI build-out Wall Street has been banking on. Farley has been the most persistent corporate voice warning the U.S. is sleepwalking into a workforce disaster. What he calls the essential economy, the blue-collar sectors that get things “moved, built, or fixed,” represents $12 trillion in U.S. GDP, per the Aspen Institute . But it is chronically understaffed and undervalued. The country is already short 600,000 factory workers and 500,000 construction workers, Farley wrote in a LinkedIn post last June. And he sees the situation getting worse, not better. “I think the intent is there, but there's nothing to backfill the ambition,” Farley told Axios in September 2025 . “How can we reshore all Show less Read more
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