State Street's Herrmann on U.S. Labor Market

State Street's Herrmann on U.S. Labor Market Play

Dec. 2 (Bloomberg) -- John Herrmann, senior fixed-income strategist at State Street Global Markets, talks about the outlook for the U.S. labor market. Job gains in the U.S. picked up last month and the unemployment rate unexpectedly fell to the lowest level since March 2009, a decline augmented by the departure of Americans from the labor force. Herrmann speaks with Lisa Murphy on Bloomberg Television's "Street Smart." (Source: Bloomberg)

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