00:00Do you believe the labor market is strong enough to wait to see what happens with inflation?
00:06Well, we're going to find out, obviously, with this week's report, how the labor market is faring.
00:12We have seen the labor market first kind of come into better balance, if you will.
00:18The number of job openings has has come down.
00:22We do hear anecdotally that businesses are hanging on to people.
00:26In some cases, we'll see whether they're shutting people, what the labor force looks like itself with all of the policy changes that have been going on there.
00:36So I think there's a lot to watch for in this particular report that could begin to give us a sense of how the labor market's doing.
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