Surveillance: U.S. Jobs Report With Walsh
Bloomberg Surveillance
Bloomberg
3.8 • 1.2K Ratings
🗓️ 3 December 2021
⏱️ 31 minutes
🧾️ Download transcript
Summary
Marty Walsh, U.S. Secretary of Labor, says he feels good about where the U.S. economy is headed. Jeff Rosenberg, BlackRock Systematic Multi-Strategy Fund Portfolio Manager, discusses how the November jobs report could impact Fed policy. Tiffany Wilding, PIMCO Chief U.S. Economist, says the post-pandemic labor market could look very different from the pre-pandemic one. Andrew Pekosz, Johns Hopkins Bloomberg School of Public Health Professor & Virologist, says we expect more data about the omicron variant's transmissibility next week.
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| 0:56.6 | Welcome to the Bloomberg surveillance podcast. I'm Tom Keene, along with Jonathan |
| 1:01.7 | Farrell and Lisa Abramowitz. Daily, we bring you insight from the best. |
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| 1:12.3 | on Apple Podcasts SoundCloud, Bloomberg.com, and of course, on the Bloomberg Terminal. |
| 1:20.8 | He is a former mayor of Boston. He is the Secretary of Labor of the United States of America. |
| 1:27.1 | Marty Walsh, here with our John Farrell after this interesting jobs report. |
| 1:32.5 | Again, the Dow up 119 points. |
| 1:35.4 | New York, I'm pleased to say, joining us now on TV and on Bloomberg Radio on the payrolls |
| 1:39.9 | report, first reaction from the White House with U.S. Labor Secretary Marty Wals. |
| 2:05.8 | Secretary Walsh, great to catch up with you, sir, as always. Help me with this one, because we've all struggled with this labor market report this morning. How would you characterize the state of the labor market right now, Secretary Walsh, in the United States? I would say if you look at what's happened since President Biden's taken office, he's dropped two points off the unemployment numbers. I'd say we have a strong, strong market moving forward. Obviously, |
| 2:10.2 | we have job openings that we have to work on, and we still have people out of work. And as you mentioned in the words before I came on here, we're still dealing with the coronavirus. We're |
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