U.S. Jobless Rate Drop a `Fluke,' Holtz-Eakin Says

Oct. 5 (Bloomberg) -- Douglas Holtz-Eakin, president of the American Action Forum and a former Congressional Budget Office director, talks about the September U.S. jobs report released today. The economy added 114,000 workers last month after a revised 142,000 gain in August, Labor Department figures showed. The unemployment rate unexpectedly fell to 7.8 percent. Holtz-Eakin speaks with Deirdre Bolton and Michael McKee on Bloomberg Television's "In the Loop." (Source: Bloomberg)
Yuan at Fair Value, Internationalization Next: Piron
01:19 - Claudio Piron, a Singapore-based strategist at Bank of America Merrill Lynch, talks about the International Monetary Fund's decision to drop a long-held view that China's yuan was undervalued. Piron also discusses the U.S. dollar with Rishaad Salamat on Bloomberg Television's "Trending Business." (Source: Bloomberg)
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