Rosenberg Sees `No Better' Than 1% U.S. Growth in 2009

June 6 (Bloomberg) -- David Rosenberg, chief North American economist at Merrill Lynch & Co., talks with Bloomberg's Tom Keene about the May U.S. employment report released today, the possibility of "stagflation" in the U.S.economy and the outlook for growth. The U.S. lost jobs for a fifth month in May and the unemployment rate rose by the most in more than two decades, as aninflux of students into the workforce drove the biggest jump in teenage joblessness since at least 1948.

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