U.S. July Payrolls, Economy, Recession Outlook

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Aug. 5 (Bloomberg) -- Scott Brown, chief economist at Raymond James & Associates Inc., and Leo Hindery, managing director at InterMedia Partners LP, discuss July U.S. jobs data and economy outlook. Payrolls rose by 117,000 workers after a 46,000 increase in June that was more than originally estimated, Labor Department data showed today in Washington. The jobless rate dropped to 9.1 percent as more Americans left the labor force. They speak with Betty Liu on Bloomberg Television's "In the Loop." (Source: Bloomberg)

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