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Transcripts for CNN CNN Newsroom With Poppy Harlow and Jim Sciutto 20220204 14:02:00

4%. that is still down significantly from the worst of the crisis. and nearing what many economists consider full employment. let s talk about where there were jobs added. in leisure and hospitality, this really surprised many, many economists. big gains there. in professional and business services, these are office jobs, it, tech jobs. in retail, i mean, in hobby shops and retail locations they were adding workers in january. and transportation ware housing. so you saw some broad gains in jobs added here. i ll remind you, wages, 5.7% for some workers that s not going to keep up with inflation. for people, for some categories, it will. you ve seen better wage gains for low wage workers here. because, again, so many employers are so hungry for workers. very big surprise here. and i think this is what the fed chief has been telling us for some weeks, right? tremendous strength in the american job market. one of the reasons why the fed is going to start raising interest rates to try to co

Jobs
Crisis
Economists
Hospitality
Leisure
Many
Employment
Worst
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Workers
It
Gains

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