Surveillance: US Payrolls Crush Estimates
Bloomberg Surveillance
00:00
The Fed's Predictions for a Slowdown in the Job Market
Randy Crossner: Is it a symbol of this job economy and maybe even of this troubled banking crisis that we're somehow getting back to normal? Jeffrey Rosenberg: I think when you look at today's report, as you guys have already covered, this is not getting back to the slowing that the bond market is expecting. Michael McKee: The change that has to start showing the tightness in the labor market or the tightness of the labor market beginning to ease and getting some increases in the unemployment rate.
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