Jobs Data Will Spur Passage of Stimulus: BlackRock's Rieder

The video discusses the market's response to economic data, highlighting the influence of whisper numbers and the impact of COVID-19 on retail adjustments. It emphasizes the market's anticipation of job recovery and potential stimulus, while noting the shift towards virtual environments in the economy. The importance of vaccine implementation and its effect on employment dynamics is also covered, with insights into job openings and workweek trends.

What is the significance of the average workweek extending, as discussed in the text?

What implications does the speaker suggest if employment does not return to pre-pandemic levels?