Nader, El-Erian Discuss Minimum Wage, U.S. Labor

 May 2 (Bloomberg) -- Consumer activist Ralph Nader and Bloomberg View Columnist Mohamed El-Erian talk about efforts to raise the federal minimum wage and the likely impact on U.S. labor market. They speak with Betty Liu on Bloomberg Television's "In the Loop." (El-Erian is a Bloomberg View columnist. The opinions expressed are his own. Source: Bloomberg)