Orlando Says Jobs Data May Boost Holiday Retail Season: Video

Dec. 4 (Bloomberg) -- Philip Orlando, chief equity market strategist at Federated Investors, talk...  More »

Dec. 4 (Bloomberg) -- Philip Orlando, chief equity market strategist at Federated Investors, talks with Bloomberg's Margaret Brennan about the impact of the labor market on consumer spending this holiday season. Payrolls fell by 11,000 workers in November, less than the most optimistic forecast among economists surveyed by Bloomberg News, figures from the Labor Department showed today in Washington. The jobless rate declined to 10 percent. (Source: Bloomberg)  « Less