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Going to overheat the economy. at the same time no one wants to see hiring falling off the cliff because that would signal a recession. they want something in between, and that's pretty much what we got in june. 209,000 jobs added that month. april and may, still slowing. the unemployment rate ticking down to 3.6%. that's historically very low, and it's miles away from that spike of nearly 15% back in 20. another encouraging development is americans continue to come off the sidelines, re-entering the work force, including women, many of whom were forced out during the covid. the participation ...

And some good news from the biden administration. the u.s. economy added just 209,000 jobs in the month of june, when the unemployment rate now sitting at 3.6%. according to the bureau of labor statistics, monthly jobs report. as the country's red hot labor market is finally showing some signs of cooling down, nbc news is brian chung is going to break down the latest in the numbers. going to break do>> well, it was a big wn economic data on friday morning. we got the jobs data from the government, which showed the job market is continuing to track along, the growing albeit at a slower pace. le...

Month, in the last period was government. so there's a lot of harbingers of bad job growth to come despite the fact this was a strong number. you've got employers cutting temporary work, cutting hours. historically, this tends to mean we've got slow growth ahead. aishah: i'm going to play a sound bite from the president, because this is kind of what they're doing out on the campaign trail, they're going to keep talking about this even though we're not feeling it back here at home. >> since i've been in office, we've been carrying out my economic vision. today's jobs shows that -- jobs report, ...

Is just part of the manufactured crisis that is been going on with critical race theory. you see it happening in the school board meetings, you see it happening in school board races. and now a state superintendent of public instruction is adopting it. you can't deny our history, and teaching it and having all students learn about it helps us to make sure that we don't repeat it. and people need to learn about their history. this is the history of america. >> i had to start with, that i have more to say about that later in the show. but now let's see when i talk or go to the economy. the u.s. ...

Adp report, a private payroll was up almost 500,000. i kept saying that number last night that it's a fluky number, not reliable and sure enough, today's number was much lower. incidentally, with the downward revision. your 209,000 payrolls is the softest number since december of 2020. but, bill, you have to add in the revisions, okay? you lost 110,000 jobs in the prior two months. so actually the june number is only up 99,000, and that's a picture of a weakening labor market, which i might add goes hand in hand with a recession that's developing in manufacturing and production, contrary to wh...