joe: joining us to discuss with more is reade pickert. what are you watching next friday? e are expecting a solid report next week. i'm interested in the breakdown of payrolls. while we are expecting to see strengths, especially as the economy reopens and we see hospitality jobs come back, i am curious about government payrolls, given the fact that more kids are heading back to school, are going back for in person learning, and it will be curious to see what those mean for overall payroll prints. caroline: you said more restaurant and service workers will be coming back. will we see any inflationary pressure buildup? we hear anecdotally that restaurants cannot get staff, flight attendants, airlines not being able to bring back supply quick enough. is pressure building were not just yet? >> to that point, participation remains a challenge. we have seen companies anecdotally talk about signing bonuses or offering incentives for people to come back to work. right now, we are still in a place where a lot of folks are worried about contracting the virus. others are taking care o

joe: let's welcome it reade pickert. lots of job openings. what about that quality? where are the areas we are seeing the fastest expansion? >> as you mentioned, we got the job openings for february today. it is important to think of that, remember it is february because it is a little backward looking in that we got the marks -- got the march jobs report last week. what we saw was that job openings rose to a two-year high in february led by some of the industries that have been hardest hit by the pandemic. think things like health care, accommodation, and restaurants. caroline: interesting, the breakdown you say it is backward looking. but what do we understand for why we can supply demand and balance. as romaine pointed to, the quality of the jobs at the moment. and people wanting to go into them. >> on the whole, more job openings is good news. it signals that employers are increasingly willing to hire. it fits in with that narrative about this recent upbeat, positive data like the jobs report last week, like the ism services index. just because these jobs are ope