it s the top of the hour in cnn newsroom. we re following multi-. concerns about that chinese spy balloon hovering over the u.s. secretary blinken just postponed his stop in china. the pentagon is about the size of three buses. it s huge. it was spotted soaring over montana at 60,000 feet. just moments ago the balloon was spotted over columbia, missouri. the national weather service tweeted these images of what they say is a large balloon in the kansas city area. despite growing calls to shoot it down, for now president biden is opting against that. the chinese are saying it s a weather balloon that blew off course. we re aware of the statement. the fact is we know it s a surveillance balloon. i can t be more specific than that. we know the balloon has violated u.s. air space and international law which is unacceptable. we ve conveyed this directly to the prc at multiple levels. john miller is here with us, cnn s intelligence analyst and kylie atwood. tell us abo
3.4%, 3.4%. that s the lowest in 54 years. the last time unemployment was that low was may of 1969. think about that. what s more black and hispanic unemployment are near record lows. this matters. cnn s matt egan diving deeper into this labor report. what are you seeing, matt? this job report was hot, shockingly hot. this would be like if you went to bed thinking it would be 50 degrees and you wake up and it s 90 degrees. you re amazed by these numbers. just to give you context around this 517,000 jobs added, that s 200,000 jobs higher than even the most optimistic forecaster on wall street was expecting. as the president mentioned, the unemployment rate down to 3.4%, the lowest since 1969 and a far cry from that peak in 2020 of almost 15%.