In this clip from The Call @ Hedgeye, Hedgeye CEO Keith McCullough and Financials analyst Josh Steiner discuss the recent jobs report with insight from Telecom-Media Policy analyst Paul Glenchur, who comments on the Supreme Court taking on the vaccine mandate case today and what the impact of their decision could have on labor.
“This number you see is a pretty sharp divergence from the number we got from ADP a couple of days ago,” explains Steiner. “I imagine this will go a fair way towards tempering the enthusiasm of late at the long end.”
“If you enforce on January 10th that vaccine mandate for all employers over 100 employees (effecting 84 million employees), a lot of people are going to quit. That’s going to have ripple effects across the economy,” notes Glenchur.
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