Raymond Stone, principal at Stone & McCarthy Research Associates, and David Greenlaw, chief economist at Morgan Stanley, talk with Bloomberg's Kathleen Hays about today's July U.S. jobs report and the outlook for the labor market. Payrolls fell by 51,000 in July, less than forecast, while the jobless rate rose to 5.7 percent, the highest in more than four years.
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Added: Aug 1, 2008 |
| Category: Business |
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