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Bloomberg Surveillance: Julie Su on Jobs Data
Publisher |
Bloomberg
Media Type |
audio
Categories Via RSS |
Business
Business News
News
Publication Date |
Dec 08, 2023
Episode Duration |
00:24:12

Julie Su, US Acting Secretary of Labor, reacts to the better-than-expected November jobs report. Michael Darda, Roth MKM Chief Economist & Macro Strategist, says that the report should compel the Fed to hold off on cutting rates in early 2024. Jeff Rosenberg, BlackRock Portfolio Manager of the Systematic Multi-Strategy Fund, says the report suggests a very strong labor market supportive of services inflation. Jerome Schneider, PIMCO Managing Director, Short-Term Portfolio Management & Funding, gives his take on the jobs report. 

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