all right. named defense attorney f. lee bailey has died. known for his courtroom player bailey was part of what became known as o.j. simpson s treatment team of lawyers in 1985. he was also involved in a number of high profile criminal cases defending patty hurst and the boston straining letter. f. lee bailey was 87 years old. friday edition of cnn business this morning, looking at markets around the world. asian shares closed narrowly mixed and europe has opened down a little bit. on waut street stock index futures very mixed, barely moving, stocks closed lower thursday despite positive signs for the labor market. the dow finished down 23 snapping a five-day winning streak, s&p and nasdaq also down. the big event today more information on jobs. the may jobs report, expectations are 650,000 jobs were added back last month. if that number holds the economy is still down about 7.6 million jobs in the pandemic. a reminder that the jobs piece of the roaring recovery still
on that. there is the broader point. you talk to the president advisers. he believes a bipartisan agreement would be good for the country, that the country hasn t seen in the course of the last several years. all things play into one. the critical thing to keep in mind here is the president s entire economic agenda kind of lays how the decision is made, how he decides to go. whether a deal can be struck and whether democrats can stick together. that s on the president s lap right now and why we are waiting to see how the call with senator capito goes. let s talk about jobs, the may jobs report. u.s. added close to 560,000 jobs last month. big improvement from april. but not as high as some economists predicted. what are we hearing from the president about the number? you know, the president spoke about the numbers earlier. he is taking the 30,000 foot view which is convenient to some degree when the 30,000 foot view is better than numbers that based analyst expectations. but what t
mo brooks says he s not hiding from an insurrection lawsuit after democratic congressman eric swalwell s attorneys hired a private investigator to find him and serve him. the alabama republican says he has not changed his behavior whatsoever and suggests swalwell could have handed him the suit on the house floor during votes. imagine that. which i don t think is true. president biden will speak later this morning from his beach house in delaware on the may jobs report. economists predict more than double the number of jobs added to may compared to the disappointing numbers in april. we ll have more coverage when the report is released in the next hour. and f. lee bailey has died. he was part of the so-called dream team of famous national and local lawyers that successfully defended o.j. simpson during his 1995 murder trial. f. lee bailey was 87 years old. as the supreme court approaches the end of the term this month, all eyes are on whether 82-year-old justice
and spending. jillian: cheryl casone joins us live with more. reporter: the big economic event of the week is the may jobs report. economists expecting the country to add 650,000 jobs which would be a huge jump from april to a disappointing 266,000, the unemployment rate expected to fall 29% from 6.one%. that rough number from the month prior due to the worker shortage we ve been talking about which could be reflective once again. we never know what the reports will look like until we get them. it puts more pressure on the white house and republican governors decided to end the extra unemployment benefit check to all the folks out there. the extra cash has been keeping workers at home according to several experts we talked to. 285,000 filed for initial jobless claims, last week we got the number yesterday morning, that was a pandemic era low but
the recovery. congressman, thanks for being here. thanks for having me. neil: it s been a rough week. i want to know what happened at your home earliner the week. you heard from the senior white house economic adviser. he s convinced this spending is doing good. not is not the time to curtail it. what do you think of that? well, president biden just had another missed jobs report with the may jobs report. he missed that hit, that goal by 110,000 jobs. last month was no better. we re seeing democratic policy of more spending, greater debt, more expansion of money by the federal reserve printing money. all of this is having a negative event. the biden administration is paying people to stay home. i got a text from a friend of mine that went to a retailer. that retailer shut their doors a