Stifel Nicolaus: Nonfarm payrolls Are Expected to Rise in June

The video discusses the current state of the US jobs market, highlighting a rise in employment figures and a potential decrease in the unemployment rate. It examines the Federal Reserve's focus on labor market recovery, acknowledging the ongoing challenges due to the pandemic. The discussion includes the impact of the pandemic on employment, with millions of Americans still sidelined. The Federal Reserve's stance on interest rates and economic recovery is analyzed, noting a cautious approach despite some hawkish signals. Finally, the video addresses inflation concerns and the rise in commodity prices, emphasizing the expected dissipation of these pressures by year-end.

How many jobs are still short of reversing all job losses since the pandemic started?

What are the expected impacts of surging commodity prices on consumers according to the text?