Higher Rate Environment Weighs On Employment

<p>"I think that there are distortions underpinning the wage growth. For example, if you look at transportation and warehouse, there was a 2.5% increase month-over-month. However, there was a job loss in that sector. Conditions are tightening and cannot ignore the ten year yield," says Bill Baruch. Baruch also weighs in on OPEC+ deciding to maintain output cuts. </p>