This was way below even the most pessimistic forecast as submitted to bloomberg. This creates bad optics for a fed that's trying to accelerate the taper. Almost every single sector is still operating below february 20 20 level. So this is not just a leisure and hospitality story, this is broad base across the economy.
Bloomberg Markets Correspondent Kriti Gupta and Bloomberg Intelligence Chief Industry Economist Carl Riccadonna discuss U.S. job growth registering its smallest gain this year while the unemployment rate fell by more than forecast to 4.2%. The Muse CEO Kathryn Minshew shares her thoughts on what’s happening within the Millennial and Gen Z workforce. Bloomberg Businessweek Editor Joel Weber and Bloomberg News U.S. Health Care Reporter Cynthia Koons share Cynthia's Businessweek Magazine story Whether or Not It’s a Game Changer, Omicron Is Covid’s Future. Dr. Ian Lustbader, Clinical Professor of Medicine at NYU Langone, discusses the emergence of the omicron variant in the U.S. Ben Armstrong, Founder of BitBoy Crypto, breaks down cryptocurrency investing and volatility.
Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan.
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