White House's Goolsbee on U.S. July Jobs Data

Aug. 5 (Bloomberg) -- Austan Goolsbee, chairman of the White House Council of Economic Advisers, talks about July U.S. employment data and the outlook for the economy. 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. Goolsbee speaks with Betty Liu on Bloomberg Television's "In the Loop." (Source: Bloomberg)