Surveillance: US Jobs Report with Walsh
Bloomberg Surveillance - A podcast by Bloomberg
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Marty Walsh, US Secretary of Labor, expects payrolls to keep rising despite Fed rate increases. Randy Kroszner, University of Chicago Booth School Professor of Economics & Former Fed Governor, says the labor force participation rate is consistent with where the Fed wants to go. Jeff Rosenberg, BlackRock Portfolio Manager of the Systematic Multi-Strategy Fund, says today's jobs report is a bit of a sigh of relief for equity markets. Michael Purves, Tallbacken Founder & CEO, discusses whether he expects the corporate earnings machine to continue to perform. Tiffany Wilding, PIMCO Chief U.S. Economist, describes why the prime age participation rate is coming more into focus. See omnystudio.com/listener for privacy information.