The chapter delves into the job market with insights from a senior vice president at Adeco, as well as the recent US payrolls report revealing surprising growth. It also covers the increase in the unemployment rate, factors contributing to discrepancies in data between surveys, and the implications for economists and investors in the bond market. Additionally, analysts' rate cut forecasts, real estate's role in measuring US inflation, and concerns about survey accuracy are discussed.
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Bloomberg News International Economics & Policy Correspondent Michael McKee and Bloomberg Intelligence Chief US Interest Rate Strategist Ira Jersey break down the latest jobs data and what the mixed forecast could mean for the Federal Reserve’s rate outlook. Amy Glaser, Senior Vice President at Adecco talks about the latest employment trends, including how employers are adapting to a new generation of employees. Bloomberg News Chief Technology Correspondent Mark Gurman previews what Apple’s planning for this year’s Worldwide Developers Conference. Rory Riggs, CEO of Cibus, joins to talk about how his company is reshaping the world of plant breeding. And we Drive to the Close with Lance Cannon, Portfolio Manager at Hood River Capital Management.
Producer: Paul Brennan, with assistance from Justin Milliner.
Hosts: Tim Stenovec and Emily Graffeo
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