Poole Says Jobs Data 'Not Really News' Amid Newer Events

William Cheney, chief economist at John Hancock Financial Services, and William Poole, a senior economic adviser at Merk Investments LLC and former president of the Federal Reserve Bank of St. Louis, talk with Bloomberg's Betty Liu about today's September U.S. jobs report and the financial crisis. Payrolls fell by 159,000, more than anticipated, after a 73,000 decline in August, the Labor Department said. Poole is a Bloomberg News contributor. (Source: Bloomberg)

Bloomberg | October 3, 2008

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