Expect US Jobless Rate to Hit 9.9% in Oct

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Patrick Shum, president of BMI Fund Management sees a slight increase in Friday's upcoming U.S. October unemployment rate, to 9.9%. He tells CNBC's Lisa Oake & Martin Baccardax how this might affect the Fed's future rate decisions.

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Expect US Jobless Rate to Hit 9.9% in Oct

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