Employment Bounces Back: Jobless Claims Look Healthy

Employment is back to pre-pandemic levels, says Ataman Ozyildirim. He and Richard Wahlquist discuss the health of the U.S labor market. They talk about how employers are holding on to their employees, so the labor market is doing generally well. Richard notes that there is still a demand for goods and services, and companies need talent. They then go over what low weekly jobless claims mean for the economy. Additionally, they mention how the Fed’s rate hikes will impact employment data. Tune in to find out more about employment and the stock market today.