The chapter explores the strong job growth in the US labor market in March, exceeding expectations across sectors like healthcare, construction, and hospitality. It discusses the post-pandemic recovery of the labor market, noting a mismatch as employers hire more than employees actively seek new opportunities. The conversation also touches on the impact of technological advancements, demographic shifts, and immigration policies on the current dynamics of the labor market.
Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.
Bloomberg News Economics Editor Molly Smith and Bloomberg Intelligence Chief US Interest Rate Strategist Ira Jersey break down the impact of the March jobs report on interest rates and Fed policy. Becky Frankiewicz, President and Chief Commercial Officer at ManpowerGroup, shares her thoughts on the March jobs report and employment trends she is watching. Bloomberg News Crypto and Blockchain Companies Reporter David Pan explains Bitcoin ‘halving.’ And we Drive to the Close with Greg Halter, Director of Research at Carnegie Investment Counsel. Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan.
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