ready to discuss a prisoner swap. former u.s. ambassador to russia michael mcfaul and the executive director of the wnba players association will join us to break down the latest. also ahead, democrats reach an agreement on their economic package helping president biden make good on a major campaign promise. we ll have the latest from the white house. that is because, and willie, my gosh, our economy later job numbers have just come out. you talk about a resilient economy, man. it keeps rolling. this is an incredible jobs number. the july jobs report is in and much stronger than expected. the u.s. economydded 528,000 jobs last month. with the unemployment rate ticking down to 3.5%. that jobs number notably higher than what we ve seen in recent months. economists are expecting gains to slow this month and in months to come. let s go right to nbc news senior business analyst stephanie ruhle. by my count, this is about twice as many jobs as most analysts expected to be added
beijing has stopped cooperation with the u.s. on military operations and climate change. meanwhile, russia indicates it is ready to discuss a prisoner swap, one day after a court sentenced brittney griner to nine years in prison. we begin with the increasingly complicated state of the u.s. economy, after a string of not so great data on economic growth, inflation, and consumer sentiment. a sign that things may not be as bad as many think. the government says employers added 528,000 jobs in july, more than double what experts had predicted. the unemployment rate fell slightly to 3.5%, and when you break down that number, the numbers fell for minorities. president biden state more people are working than at any point in american history. that s millions of families with the dignity and peace of mind that a paycheck provides. he goes on to say there s more work to do, but today s jobs report shows we are, quote, making significant progress for working families. with us now to
jose diaz ba lard picks up did coverage right now. i m live from las vegas at the national association of black and hispanic journalist convention. we begin this morning with breaking news, a brand new much better than expected jobs report, showing the economy added over half a million jobs in july, 528,000. the u.s. labor secretary marty walsh, will join us to discuss the state of the economy. on capitol hill, a bill that could have major implications across the country as democrats have cleared a path for sweeping legislation now that senator kyrsten sinema has agreed to the deal. california center alex padilla will discuss where this goes next. china sanctions nancy pelosi over her visit to taiwan.