July Jobs Report May Signal a New Direction

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Some 247,000 Americans lost their jobs last month, but that's better than had been expected, and the unemployment rate actually declined by one tenth of a point, down to 9.4 percent.  President Obama says, "The worst is behind us." Brian Blackstone is economics correspondent for Dow Jones.

Credits

Guest:
Brian Blackstone - Wall Street Journal - @Blackstonebrian

Host:
Warren Olney

Producers:
Rebecca Mooney, Frances Anderton