US Jobs Surge Raises Odds of December Fed Hike
Channel: Bloomberg Television
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Read a transcript preview of “US Jobs Surge Raises Odds of December Fed Hike” from Bloomberg Television, uploaded on 2026-11-07.
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Language: English (creator captions)
[0:00] We spoke with Anna Wong. She's Bloomberg Economics chief US economist about where the biggest job
[0:04] gains are right now and a a new tool from Bloomberg to track the prices of
[0:08] just about anything.
[0:10] It's one of the best jobs report in at least two years in my opinion. So
[0:15] on on the employment side, we see jobs grow... Job growth in professional and business services,
[0:21] so in white collar sectors. And and this is a sector that is supposed to be
[0:26] most at risk for, you know, layoffs from AI substituting for human labor, and we didn't
[0:33] see it in this jobs report. And then you also have this, you know, huge drop
[0:40] growth in manufacturing manufacturing and also warehousing and transportation sectors. And and so this is kind
[0:47] of... Like, the big picture is it looks like the job growth is broadening beyond the
[0:53] typical culprits, which, you know, for for years, it has only been education and health care.
[0:58] But in this one, we're seeing, you know, three new bright spots.
[1:03] It's really interest