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  • Deutsche Bank: Sees 425,000 Job Losses in Nov

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Deutsche Bank: Sees 425,000 Job Losses in Nov

Deutsche Bank: Sees 425,000 Job Losses in Nov

November's non-farm payrolls may see a worse-than-expected loss of 425,000 jobs, while unemployment could jump to 7%, says John Horner, FX strategist at Deutsche Bank. CNBC's Martin Soong & Sri Jegarajah ask him what this bleak outlook means for the dollar.

CNBC | December 5, 2008Watch more videos from CNBC

Tags:. .nonfarm. .horner. .bleak. .payrolls. .cnbcs

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