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Transcripts For CNN Inside Politics With John King 20240707



and we ll go inside the negotiations. and this cnn exclusive, sources say donald trump s legal team is now talking to the justice department. it signals that there is a big and ugly fight coming over what the former president can shield from federal investigators. but we begin the hour with a wow. the july jobs report gives president biden important economic momentum on employment hitting a 50 year low. 500,000 plus more americans hired just last month. so forget recession talk. at least in the short term. yes, inflation is high, but the recovery is still humming. the economic news caps the giant week for the biden presidency. wins on veterans and a top strike to take a terrorist off the battlefield. and now a leap forward for the democratic agenda. kyrsten sinema, the lone hold out, is today a yes. but we start on the stunning and surprise jobs numbers. matt egan is joining us. tell us more. yeah, this is a blockbuster number. and here is the best part. no one saw ....

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Transcripts For CNN CNN Newsroom With Ana Cabrera 20240707



jobs report any minute now at a bill signing. but let s look at the numbers. joining us is rahel solomon and jeremy diamond. let s look at the gains. the fact that this was more than twice what experts were expecting. and so some experts have said that this was an uncomfortably hot jobs report, at the very least it was surprising. when you look at the report and where the jobs were, line after line, industry after industry, it was growth, growth, growth with some of the largest gainers in industries like leisure, professional services, health care. 57,000 jobs being added for government. and when you look at month over month sort of what we re seeing in the labor market, look, i mean, we are still on an upswing. you would have expected between some of the reports that we ve been hearing that maybe we would start to see some cooling in the labor market, that this number the july number would actually be declining. but that is not what we re seeing which leads me to whe ....

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