El-Erian on Aug. Jobs Report, Economic Outlook

Sept. 2 (Bloomberg) -- Mohamed El-Erian, chief executive officer at Pacific Investment Management Co., talks about the Aug. jobs report and the outlook for the U.S. economy. Payrolls were unchanged last month, the weakest reading since September 2010, after an 85,000 gain in July that was smaller than initially estimated, the Labor Department said today in Washington. El-Erian speaks with Betty Liu, Jon Erlichman and Dominic Chu on Bloomberg Television's "In the Loop." (Source: Bloomberg)