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Is, well, very resilient. government reported that employers added 372,000 new jobs in june. the unemployment rate stayed at 3.6%. we look down into it, black unemployment fell by four tenths. hispanic unemployment remain unchanged. president biden issued a statement on the report saying the u.s. has recovered all jobs lost during the pandemic giving credit to his administration's policies. with us now to take a closer look at this is u.s. labor secretary, marty walsh. pleasure to see you. what does this tell you about the state of the economy? >> it shows that our job market's strong. the pre...

Showing another 372,000 jobs added, a sign that that part of the economy remains strong. >> today's economic news confirms the fact that my economic plan is moving this country in a better direction. i'm not suggesting there's a lot more work to do, but i am suggesting we are making significant progress. >> in fact the biden presidency has seen extraordinary job growth, a half million jobs added every month. the president said all of the jobs lost in the pandemic have been recovered and then some but that's not what people are feeling. they're feeling the spiking gas prices and the sky high in...

Available for every person looking for work. what is your lead on that? why is it so hard to fill these jobs? >> labor demand is remarkably strong. if you look at the payroll numbers that we've been talking about, 372,000 last month. that's a pace of 375,000 for the past three months on average. here at cea, we like to average out the bips and bops in the monthly data. if you add on top of that over 11 million vacancies, what you quickly understand is that labor demand is really quite high. and look, the basic economics of this are important and interesting. labor demand is derived demand. it'...

Prime minister, shinzo abe, a transformative figure and an important ally to american presidents, has been assassinated by a gunman at a campaign rally this morning. the killing sending shockwaves through a country completely unaccustomed to gun violence. on capitol hill right now, donald trump's white house counsel pat cipollone testifying at a closed session of the january 6th committee about those key moments described by previous witnesses where he was warning the white house and the president against illegal efforts to overturn the 2020 election. that panel is preparing to hold two more p...

Party declined somewhat. this week 69% of democrats could approve compared to 85% in august. he is focused on inflation and apparently some are perturbed saying he have to -- and nothing is no executive order. >> president biden: hello, everyone. before i speak to the supreme court extreme decision overturning decision overturning roe, i want to comment in one piece of good news, economic good nose today. the labor department reported that we've added 372,000 jobs last month. 372,000. here's why it's important, our private sector is now recovered all of the jobs lost during the pandemic, and a...