terrorism. white supremacist domestic terrorism. we have seen our aapi people targeted, our jewish brothers and sisters targeted, and we know in the face of all of these things that we need someone with experience, with the fighting spirit, that is required to defeat all of these threats and someone with a track record of delivering. congressman mondaire jones, thank you for being with us today. good luck with the race. we will speak to you again soon. still ahead, the latest read on the economy, when the may jobs report is released later this morning. plus, new york becomes the first state to pass new gun laws in the wake of the recent mass shootings. we ll take a look at those. morning joe s coming right back. look at those morning joe s coming right back hold and seal. clinically proven to give strongest hold, plus seals out 5x more food particles. fear no food. new poligrip power hold and seal. entresto is the number one heart failure brand prescribed by cardiologists
size of its oil supply hike by 50%. ministers a agreeing the group should at 200 barrels a day in july and august. the opec increase will plug the hole from an e.u. russian oil ban but not increase supply from current levels and why some industry analysts things will get worse before they get better and some predicting we could see $5 a gallon in two weeks. over my shoulders $5 would be a relief in los angeles. bill: unbelievable statement there. team fox coverage continues. jacqui heinrich from the white house today. good morning. good morning to you, bill. the president is slated to speak about the may jobs report at 10:30 this morning. earlier this week the white house was bracing the country for less of the record breaking jobs creation numbers that they often point to as a sign of success signaling they thought
it is friday so let s get a check on cnn business to finish up the week. asian shares mixed, europe has opened also mixed and wall street stock index futures are leaning down a little bit. stocks rose thursday. let me say it again because i have not been able to say it in a long time. stocks had good day thursday. a big rally for tech. consumer stocks also rebounded. but the main event today is the may jobs report. and economists forecast 350,000 jobs added back last month. that would be a new pandemic ear rae low despite soaring inflation, worries of a recession and new phase now in the pandemic economy. i want to bring in chief economist from adp. we hear about the head winds all the time.
and that s what that s the problem that we have. because they re controlled by specific ecosystem or fund-raising or polling, or the base, and instead of saying, hey, this is bs, it is going to be up to the voters. the criminal charges, great, so what, they re going to be painted as, you know, painted as martyrs or pariahs or painted as political prisoners, whatever type of hyperbolic outrageous language, the issue is do the voters want something facts-based policymakers or the excitement of things that are probably fantasy and that s what gets them going? that is really a decision the voters have to make when they see this. i don t think the most important thing is actually charges and things like that. can we isolate and identify those individuals who pushed this garbage out there and people react to it in a violent way, like january 6th. congressman, we really appreciate you being with us. thank you so much. former congressman denver riggleman. thank you. thank you. the labo
before the may jobs report comes out in about two hours. you just saw him. todd piro is in live in studies row with the latest on the inflation fallout. good morning. todd: white house is bracing for expectedly underwhelming jobs report. the gloomy report preceded by other bad news new research private sector payrolls only increased by 128,000 last month. spiraling downward from april s 202,000 job gain. last month, according to adp, u.s. companies added the fewest jobs since april 2020. reflecting employers struggle to recruit and retain workers despite a record number of job openings. the president is scheduled to speak on that report later this morning in his home state of delaware. he is on vacation this weekend. all this as economists now say we are on a fast track to paying $5 a gallon for gas across our nation. overnight, the national gas price average continuing to break record highs now at $4.76 per gallon up 5 cents from