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Bloomberg

US Employment Picture ‘Just OK,’ BlackRock’s Rieder Says

Thursday, July 2, 2026


Rick Rieder, global fixed income chief investment officer at BlackRock, said in June that "hiring is stable, but I would say, broadly unimpressive" when reviewing the monthly US jobs report. Bloomberg reported his comments on the labor market data.

Original reporting: https://www.bloomberg.com/news/videos/2026-07-02/us-employment-picture-just-ok-blackrock-s-rieder-says-video

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