Ex-Fed Governor Kroszner on U.S. Jobs Market, Economy

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Sept. 3 (Bloomberg) -- Former Federal Reserve Governor Randall Kroszner talks about the potential impact of August U.S. jobs data on Fed monetary policy and the outlook for the economy. Private payrolls climbed 67,000 after a revised 107,000 increase in July that was more than initially estimated, Labor Department figures in Washington showed today. The unemployment rate rose to 9.6 percent as more people looked for work. Kroszner speaks with Scarlet Fu on Bloomberg Television's "InBusiness." (Source: Bloomberg)

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