Bloomberg Surveillance

Surveillance: Shocking U.S. Jobs Report With Rosenberg

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Jeff Rosenberg, BlackRock Portfolio Manager of the Systematic Multi-Strategy Fund, reacts to the unexpectedly positive jobs report. Tiffany Wilding, PIMCO U.S. Economist, says the labor department report does not really capture people who have been furloughed. Yelena Shulyatyeva, Bloomberg Senior U.S. Economist, says the May jobs data underestimate the wage gap. Dr. Andrew Pekosz, Johns Hopkins University Bloomberg School of Public Health Professor and Virologist, says multiple vaccine trials for Covid-19 are progressing to a second phase.