With Bloomberg you get the story behind the story, the story behind the global birth rate,

behind your EV batteries environmental impact, behind sand. Yeah, sand, you get context.

And context changes everything. Go to Bloomberg.com to get context.

This is Bloomberg surveillance.

The labour market is approaching full employment in my view.

I'm more looking at the relationship between employment gains and the increase in the labour force.

The Fed does believe that jobs and the unemployment rate is critical to future inflation over the medium term.

The Fed has been communicating very effectively for the past six plus months

that they are going to be focused on that data and that's the one thing that they stayed the course on.

Bloomberg surveillance, your link to the world of economics, finance and investment on

Bloomberg radio.

Good morning everyone, Michael McKee and Tom Keene, Bloomberg surveillance, it's our Super Bowl 12 times a year, jobs day, no not the

Broncos, no not Carolina, Jim Glassman with us right now with Morgan Stanley with

J.P. Morgan's mixed up there.

Morgan Stanley, Jake, I've done that before John Tucker.

His boss is listening.

Yeah, that's very good.

I'm sorry, Mr. Diamond.

I didn't mean to say that with J.P. Morgan, Jim Blasman with J.

P.P. Morgan and Bill Gross with Pimco.

No, I mean Janus.

It's two for two.

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