Bandholz Says Job Market Worse Than What's Shown in Data- Video

Nov. 6 (Bloomberg) -- Harm Bandholz, an economist at UniCredit Global Research, talks with Bloomberg's Carol Massar and Adam Johnson about data showing that the U.S. unemployment rate soared to a 26-year high of 10.2 percent in October. Payrolls fell by 190,000 workers last month, compared with a 175,000 drop anticipated by the median forecast of economists surveyed by Bloomberg News, figures from the Labor Department showed today in Washington. (Source: Bloomberg)

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