Rupkey Says Jobs Data Signals No Recession for U.S.

Aug. 5 (Bloomberg) -- Chris Rupkey, chief financial economist at Bank of Tokyo-Mitsubishi UFJ, ta...  More »

Aug. 5 (Bloomberg) -- Chris Rupkey, chief financial economist at Bank of Tokyo-Mitsubishi UFJ, talks about today's July U.S. jobs report and economic outlook. Payrolls rose by 117,000 workers after a 46,000 increase in June that was more than originally estimated, Labor Department data showed today in Washington. The jobless rate dropped to 9.1 percent as more Americans left the labor force. Rupkey speaks with Tom Keene on Bloomberg Television's "Surveillance Midday." (Source: Bloomberg)  « Less