Labor Market Is Hotter Than People Think, Says ADP's Richardson

By Bloomberg Television

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Nela Richardson, ADP chief economist and ESG officer, says the US labor market appears stable, and is hotter than people give it credit for. She also says on "Bloomberg Surveillance" that overtime hours on manufacturing floors are picking up. -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit

Tags: Hourly Earnings, Jonathan Ferro, Lisa Abramowicz, Nela Richardson, Nonfarm Payrolls, Partipation), Politics, U.S. Jobs Report (Jobless Claims, US economy, Unemployment

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