U.S. Jobless Rate 8.1%, Payrolls Less Than Expected
Sept. 7 (Bloomberg) -- Bloomberg's Peter Cook reports that payrolls rose less than projected in August and the unemployment rate declined as more Americans left the labor force, indicating the U.S. labor market is stagnating. The economy added 96,000 workers last month following a revised 141,000 rise in July that was smaller than initially estimated, Labor Department figures showed today in Washington. He speaks on Bloomberg Television's "in the Loop."
Most Recent Videos
How Big of a Problem Are China's Non-Performing Loans?
07:23 - Jonathan Cornish, head of north Asia bank ratings at Fitch Ratings, discusses China's latest debt for equity swap, China's non-performing loans and the outlook for the credit market. He speaks to Bloomberg's Haidi Lun on "Bloomberg Markets." (Source: Bloomberg)