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.

In what ways does the text indicate that the economy is moving robustly?

What does the text suggest about the relationship between job openings and the ability to fill those positions?