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Roach: US Jobless Rate Actually Stands at 11.5%

Sunday, 7 Mar 2010 | 6:10 PM ET

Official data showed U.S. jobless rate in February remain unchanged at 9.7% but Stephen Roach, Asia chairman at Morgan Stanley, believes the real number actually stands at 11.5%. He explains why this discrepancy, with CNBC's Martin Soong, Karen Tso & Sri Jegarajah.