labor secretary tom perez joins us. why he thinks it department of labor is a great match maker. >>> later, two passengers argue and are kicked off a plane over this device. what it is and how it might affect your next travel experience. we'll find out. as we go to a break, a look at how the stock market ended the week. >>> as we celebrate american workers this labor day weekend, the unemployment picture in the u.s. appears to be improving. are the numbers telling the whole story? joining me now is labor secretary tom perez. thanks for being here and spending time with us. we appreciate it. >> it's a pleasure to be with you. >> the u.s. economy gained back the number of jobs lost during the recession, slowly, but steadily. the question i hear from a lot of economists are about the quality of the jobs. is it comparable with what we saw seven or eight years ago? >> when you look at the job picture, we have 53 consecutive months to the tune of 10 million jobs, roughly. look at the jobs that have come back. in the last year

for the white house response and their take on the economy we are joined by labor secretary tom perez you again. we have several months of pretty decent job growth, and revisions were up to 15,000 jobs. are you ready to say that this economy has in fact turned the corner? report,is another solid it shows that we are sustaining the omentum of rod based -- momentum of broad-based growth. this report is very consistent with the other positive indicators we have seen such as the gdp report for the second quarter which was very solid. --sumer confidence has bee is the highest that it has been since 2007. manufacturing is doing well. the average person on an assembly line right now is working 42 hours a week. butave a lot of work to do, we're moving in the right direction. with mark atoke pimco, one of their portfolio managers. the big question he said is that t he wonders when will we to gett wage pressures, companies to raise wages to have that pricing power? >> that is a great question. you look at this number of , number of jobseekers versus jobs in the depth of the in 2009. we're down

today he will join tom perez at a bethesda fast food restaurant that pays above the national minimum wage in may it was raised to $10.10 by 2018. maryland is among 13 states and d.c. that have actsed to raise minimum wamgs. president obama wants the national minimum wage to be raised from $7.25 to $10.10. >>> prosecutors making their final case to put oscar pistorius in prison. the flaw they found in his defense attorney's argument. >>> and alcohol at night could be bad for your teeth. why a glass of white wine is worse than a grass of red. > glass of red. >>> plus tom will walk you through the warm-up. >>> important breast cancer information is coming. doctors discovered a new gene that could increase your arriving. it's called palb 2. doctors consider it even more dangerous than mutations in the brac after the genes. palb 2 are rare and risks depend highly on a family's history of breast cancer. women who carry the gene were found to have a one in three chance of developing the cancer by age 70. >>> we all know sugary snacks and drinks don't to any favors for our teeth. how dentist

i give tom perez very high marks for what he is doing. for enforcing prevailing wage. he has done a good job in enforcing the rules that help workers. >> i just want to follow-up on two questions. one about the democrats in congress. you referenced earlier jeh johnson. on allies in congress, can you count any or a few republicans in the house and senate to our friends of labor? >> sure. there are some. i wish there were more. unfortunately, republicans who are friends of workers are getting fewer and fewer and fewer. it is getting more difficult to be able to endorse somebody. we wrote to the democratic party and said, we want you to know we are supporting this guy. because he is our friend. i would want a hundred more just like him. that would make things a whole lot easier, make life a whole lot better. less gridlock. if we could at least get a highway bill done we could get infrastructure built, we could get things like that done. >> on jeh johnson, how key is he going to be for immigration reform? >> i don't know the internal workings. but that is my assumption. th

we speak with tom perez. this friday, this is "bloomberg surveillance." i am tom keene.carlet, we go south. -- we global contracts have a global selloff. where to start and what is driving it. the timing of a fed interest rate increase. ongoing debt crisis. we will focus on what is next for the latin american nation. josh rosner has written extensively. he is here to provide us guidance. you say there is no global contagion from argentina, but it is part of what investors faced. why does the default, whether s&p says it defaulted or argentina claims it did not, why does it matter for investors? >> we are going to see if there was a failure to pay and whether there is a represent over a notion of debt that has been is then or argentina most expensive dead to ensure. that would be problematic for the country. for some degree to its trade partners. i don't think it will have a global impact. it is occurring in a faltering economy in a faltering region. it is just adding fuel to the fire of concern. >> you less context. we talk about how argentina has -- on global markets fo

i give tom perez very high marks for what he is doing. for enforcing prevailing wage. he has done a good job in enforcing the rules that help workers. >> i just want to follow-up on two questions. one about the democrats in congress. you referenced earlier jeh johnson. on allies in congress, can you or a few republicans in the house and senate to our friends of labor? >> sure. there are some. i wish there were more. republicans who are friends of workers are getting fewer and fewer and fewer. it is getting more difficult to be able to endorse somebody. we wrote to the democratic party and said, we want you to know we are supporting this guy. because he is our friend. i would want a hundred more just like him. that would make things a whole lot easier, make life a whole lot better. less gridlock. if we could at least get a highway bill done we could get infrastructure built, we could get eggs like that done.-- thin gs like that done. >> on jeh johnson, how key is he going to be for immigration reform? i don't know the internal workings. but that is my assumption. brough

labor secretary tom perez spoke about his visit to a school serving the needs of minority students andth law enforcement. >> when i was in the civil rights division, i traveled the country and i saw all too frequently that there were too many school district's that remained, so many years after brown thomas separate and unequal -- brown, separate and unequal. i saw the school to prison pipeline result for brak and -- black and brown kids all too frequently -- access to opportunity being denied. being denied remarkably and curb her sleep. i did an event -- and per versely. i did an event in mississippi with 10 kids sitting on the dais like me. i could see under the table their footwear. what they all had in common was that they had an ankle bracelet on. they were kids 13 and 14 already in the system. i asked what did you do. one person had the wrong color tie. one had the wrong color socks. one person spoke out. one person was guilty of flatulence. i'm not kidding. i'm not making this up. that got them into the school to prison pipeline. secretary's of the remarks. we will show them in

speakers include california governor jerry brown, labor secretary tom perez and former attorney general alberto gonzalez. topics include immigration, civil rights and the 2014 midterm elections. here's a preview. >>> when i was in the civil rights division, i traveled the country and saw all too frequently that there were too many school districts that remain. so many years after brown, separate and unequal. i saw the school-to-prison pipeline result for black and brown kids all too frequently. access to opportunity being denied and being denied really remarkably perversely. i did an event once in meridian, mississippi, with about ten kids who were sitting up on a dais just like me and you were sitting right down there, and i could see under the table there's footwear, and what they all had in common was that they had an ankle bracelet on. these were kids, 13 and 14, who were already in the system. and i asked them, what did you do? we well, one person had the wrong color tie, one person had the wrong colored socks. one person spoke out. one person was guilty of flatulence. i'm not kidd