Resler and Pento on U.S. Labor Market, Economy

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Aug. 11 (Bloomberg) -- David Resler, chief economist at Nomura Securities International Inc., and Michael Pento, an economist at Euro Pacific Capital, talk about the U.S. labor market and the outlook for the economy. Claims for U.S. unemployment benefits unexpectedly dropped last week to a four-month low, signaling the job market is being hampered by a lack of hiring rather than more firings. Resler and Pento speak with Julie Hyman on Bloomberg Television's "Bottom Line." (Source: Bloomberg)

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