Payrolls in U.S. Rise; Jobless Rate Climbs

Nov. 2 (Bloomberg) -- Hiring in the U.S. increased more than forecast in October as employers looked past slowing global growth and political gridlock at home. In the last jobs report before next week’s election, a net 171,000 workers were added to payrolls, Labor Department figures showed today in Washington. The jobless rate rose to 7.9 percent from 7.8 percent as more people entered the labor force. Peter Cook reports on Bloomberg Television's "In the Loop." (Source: Bloomberg)
Is This the End of the Great Distortion?
48:32 - Principal Global Investors Chief Executive Officer James McCaughan discusses the new rate of return and if we have come to the end of the great distortion in markets created from extraordinary monetary policy. He speaks with Vonnie Quinn, Brendan Greeley and Tom Keene on Bloomberg Television's “Bloomberg Surveillance.” (Source: Bloomberg)
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