Jobs Revisions Are Pointing to Labor Weakness, Says BlackRock’s Rosenberg

Published 7 August 2026 · india

Jeffrey Rosenberg, portfolio manager of the Systematic Multi-Strategy Fund at BlackRock, explains why he would be “hesitant’ to write off the July US jobs report

Jeffrey Rosenberg, portfolio manager of the Systematic Multi-Strategy Fund at BlackRock, explains why he would be “hesitant’ to write off the July US jobs report which saw payrolls decline by 23,000 while the unemployment rate fell to 4.1%.

Rosenberg says he sees the headline number as “a bit confusing.” More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't

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