Feb. Jobs 'Weather Induced,' Says BlackRock's Rosenberg

The video discusses the impact of weather on construction jobs, which affects headline numbers, making them appear stronger than they are. It also covers market reactions to wage revisions and the lack of significant surprises in the report. The discussion highlights the influence of public employment and market expectations on the overall analysis.

What were the reasons given for the market positioning before the report was released?

What does the text imply about the significance of the construction field in the job numbers?