Blackrock's Rieder Sees 'Unambiguous' U.S. Recovery in Jobs Data

The video discusses the recent employment trends, highlighting the non-seasonally adjusted hiring numbers, which have been consistently around a million jobs per month. It addresses the challenges faced by HR departments in processing such high volumes and the significant wage increases in the leisure and hospitality sectors. The discussion also covers the broader economic reopening and its impact on the job market, emphasizing the difficulty employers face in filling positions due to high demand.

What is the trend in non-seasonally adjusted hires over the last four months?

• About 2 million jobs per month

• About 750,000 jobs per month

• About 1 million jobs per month

• About 500,000 jobs per month

What challenge do HR departments face with the current hiring trend?

• Increased training requirements

• High turnover rates

• Lack of qualified candidates

• Difficulty in processing a high volume of hires

What is the annualized wage increase in the leisure and hospitality sectors over the last three months?

• 20%

• 15%

• 25%

• 10%

What is a major challenge employers face during the economic recovery?

• Increased competition from overseas

• Decreasing consumer demand

• Finding enough workers to fill positions

• Rising operational costs

What do recent surveys indicate about the job market?

• Jobs are becoming easier to fill

• There is a surplus of candidates

• Wages are decreasing

• Jobs are increasingly hard to fill