BlackRock's Rieder Expects Labor Market to Slow
Adrian Bogdan
Rick Rieder, BlackRock's CIO of global fixed income, reacts to the April US employment report and discusses where he thinks the jobs market is headed on "Bloomberg Open Interest." Nonfarm payrolls increased 177,000 last month after the prior two months’ advances were revised lower, according to Bureau of Labor Statistics data. The unemployment rate was unchanged at 4.2%. -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any
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