Bloomberg Surveillance

Bloomberg Surveillance TV: November 7th, 2025

Nov 7, 2025
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INSIGHT

Labor Market Is Slowing, Not Collapsing

  • Stephanie Roth says the U.S. labor market has decelerated but is not clearly deteriorating.
  • She expects decent economic conditions into 2026 due to eased financial conditions and fiscal support.
INSIGHT

AI Not Yet Driving Broad Job Losses

  • Roth finds little correlation yet between AI use by industry and payroll slowdowns outside tech, professional services, and finance.
  • She cautions AI hasn't meaningfully displaced large numbers of jobs so far.
INSIGHT

Tariff Ruling Won't Instantly Reverse Price Effects

  • Roth expects tariffs likely to be recreated if struck down, so pricing effects may persist.
  • She estimates over 60% of implemented tariffs have already been absorbed across supply chains.
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