Pimco's Fels Sees Hidden Slack in U.S. Labor Market

Pimco Global Economic Advisor Joachim Fels discusses the U.S. labor market and talks about Fed policy. He speaks on "Bloomberg Daybreak: Asia." (Source: Bloomberg)

CBA Expects Australia Unemployment Rate to Dip to 5.5%
01:37 - Michael Blythe, chief economist at Commonwealth Bank of Australia, discusses wage growth in Australia on "Bloomberg Daybreak: Australia." (Source: Bloomberg)
  • Full Show: Bloomberg Daybreak: Americas (08/16)
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  • U.K. Unemployment Falls to 4.4%, Wages Top Estimates