U.S. May Not Reclaim Lost Jobs Until 2017...Soss Says!

U.S. May Not Reclaim Lost Jobs

Until 2017...Soss Says!

May-06-2011-- Bloomberg -- Neal Soss, chief economist for Credit Suisse Holdings USA Inc., talks about the Institute for Supply Management's report that service industries in the U.S. expanded in April at the slowest pace in eight months, and the outlook for the economy and labor market. The ISM's index of non-manufacturing companies declined to 52.8 last month from 57.3 in March. Soss speaks with Tom Keene on Bloomberg Television.

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