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Bloomberg Surveillance

Surveillance: U.S. Jobs Report With Walsh

Bloomberg Surveillance

Bloomberg

Business News, News, Investing, Business

3.81.2K Ratings

🗓️ 3 December 2021

⏱️ 30 minutes

🧾️ Download transcript

Summary

Marty Walsh, U.S. Labor Secretary, reacts to the U.S. employment report. Randall Kroszner, University of Chicago Professor & Former Federal Reserve Board of Governors, says wage pressure is the key labor metric to watch. David Jones, Bank of America Securities Global Investment Strategist, says the Fed wants to see the whites of the eyes of inflation before they make their move. Jeff Rosenberg, BlackRock Portfolio Manager of the Systematic Multi-Strategy Fund, thinks higher wage expectations could make transitory inflation more permanent.

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Transcript

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0:00.0

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0:21.0

Our investments shape tomorrow today.

0:24.0

Pissue your tomorrow with PGM, a leading global asset manager.

0:30.0

Welcome to the Bloomberg's surveillance podcast, I'm Tom Keane,

0:38.0

along with Jonathan Ferrell and Lisa Abramowitz.

0:41.0

Daily, we bring you insight from the best,

0:44.0

an economics finance investment and international relations

0:48.0

to find Bloomberg's surveillance, an Apple podcast suncloud,

0:52.0

Bloomberg.com, and of course, on the Bloomberg terminal.

0:58.0

He is a former mayor of Boston.

1:01.0

He is the Secretary of Labor of the United States of America.

1:05.0

Marty Walsh here with our John Ferrell after this interesting job report,

1:10.0

again the Dow, up 119 points.

1:13.0

New York, I'm pleased to say joining us now on TV and on Bloomberg Radio

1:17.0

on the payrolls report, first reaction from the White House

1:20.0

with US Labor Secretary, Marty Walsh.

1:22.0

Secretary Walsh, great to catch up with you, sir, as always.

1:25.0

How many with this one?

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