Surveillance: US Payrolls Surprise
Bloomberg Surveillance
00:00
Is the Fed's Tightening of the Labor Market? Jeff Rosenberg
Jeffrey Rosenberg is Portfolio Manager, Systematic Multistrategy at BlackRock. He says the AHE number in terms of giving us a read on wage inflation is probably the most distorted because of the mixed shift. "This report is a reminder that the hot, tight labor market is still going to be an issue for the inflation outlook and for the Fed outlook"
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