Sonders Sees Employment Gains Continuing

Charles Schwab Chief Investment Strategist Liz Ann Sonders says the recent unemployment data was “pretty close to great”, and sees job growth continuing to be strong in the coming months. Sonders tells CBS This Morning that the January Labor Department report showed “strength across the board”, and she says most leading indicators suggest strong job growth will continue. Some structural problems remain an impediment to job growth, however, she adds, including a skills gap, education gap, and mobility being hampered by the housing crisis. That could well make for a slower-than-usual decline in the unemployment rate, she says.