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Thread: U.S. jobless rate "deeper" problem: PIMCO

Started 1 month, 2 weeks ago by johngaltfla
U.S. jobless rate "deeper" problem: PIMCO Fri Nov 6, 2009 11:24am EST By Jennifer Ablan NEW YORK (Reuters) - The U.S. unemployment rate, which rose more than expected in October to 10.2 percent, confirms a "deeper and more protracted" problem in the labor market, Mohamed El-Erian, chief executive of bond giant Pacific Investment Management Co (PIMCO), said in an ...
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