Surveillance: U.S. Jobs Report with Walsh (Podcast)
Bloomberg Surveillance
Bloomberg
3.8 • 1.2K Ratings
🗓️ 6 May 2022
⏱️ 36 minutes
🧾️ Download transcript
Summary
Marty Walsh, U.S. Secretary of Labor, says 95% of pre-pandemic jobs have recovered. Jeffrey Rosenberg, BlackRock Portfolio Manager of the Systematic Multi-Strategy Fund, says to watch the trend in wage inflation. Neil Dutta, Renaissance Macro Head of Economics, doesn't expect anyone to be talking about a 75 basis-point hike anymore after today's jobs report. Mark Kimmitt, Retired Brigadier General & Former Assistant Secretary of State for Political-Military Affairs, says he would be surprised if the U.S. hadn't been providing intelligence support to Ukraine.
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| 0:00.0 | Is inflation finally on the retreat? Can labor markets withstand an economic slowdown and demographic |
| 0:05.9 | headwinds? Will the tense geopolitical climate ease or escalate? This is the Outthinking |
| 0:11.4 | Investor. Join us as we re-examine the past, present-day opportunities and future possibilities |
| 0:18.3 | in global capital markets. The Outthinking Investor, an award-winning |
| 0:23.2 | podcast from PGIM. This podcast is intended solely for professional |
| 0:27.1 | investor use. Past performance is not a guarantee of future results. The Bloomberg |
| 0:32.0 | Sustainable Business Summit returns to New York on October 5th, featuring |
| 0:36.1 | leaders driving innovation in sustainable business and finance. Looking at the |
| 0:40.1 | latest trends in green financing and ambitious ESG goals, speakers include |
| 0:44.8 | executives from KKR, Macy's, Green Giants, C16 Sciences, Environmental Defense Fund, |
| 0:50.9 | and more. Summit Advisor, Principal Financial Group. Visit BloombergLive.com |
| 0:55.9 | slash SBSNY slash radio to learn more. |
| 1:05.1 | Welcome to the Bloomberg's surveillance podcast I'm Tom Keane, along with Jonathan Ferrell and Lisa |
| 1:11.1 | Abramowitz. Daily, we bring you insight from the best and economics finance |
| 1:16.3 | investment in international relations, find Bloomberg's surveillance, an |
| 1:21.0 | Apple podcast suncloud, Bloomberg.com, and of course, on the Bloomberg Terminal. |
| 1:29.5 | He is the former mayor of Boston. He is now Secretary of Labor. Here with our |
| 1:34.8 | John Ferrell, let's listen to Marty Walsh. |
| 1:38.1 | US Labor Secretary, Marty Walsh. Secretary Walsh, great to catch up with you, sir. Your |
| 1:41.9 | reflection, your reaction to this job's report this morning. |
| 1:44.7 | Certainly, it's a good job report. Anytime you go over projections, it's a good |
| 1:49.4 | job report. We saw some areas in this and manufacturing and transportation, which |
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