`Impressive' U.S. Jobs Report, Private Payrolls

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Jan. 6 (Bloomberg) -- John Herrmann, senior fixed-income strategist at State Street Global Markets LLC, discusses today's U.S. December jobs report and the outlook for private payrolls in 2012. U.S. employers added 200,000 jobs last month, more than forecast, while the unemployment rate unexpectedly fell to 8.5 percent. He speaks with Betty Liu and Michael McKee on Bloomberg Television's "In the Loop." (Source: Bloomberg)

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