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
at the same time, it shows the labor market is not slowing, despite all the efforts by the federal reserve to cool down the economy, so they going to be raising rates again, for sure, maybe even higher. in a moment, i ll speak with a member of the white house economic counsel of advisers what it means for your wallet. also this morning, to secure the release the brittney griner, sentenced to nine years in a russian prison. last night, a striking moment pausing before tip-off and the crowd shouting for her to come home. now russia s foreign ministry says they re ready to discuss a prisoner swap. reverend al sharpton who is working with griner s family is going to be joining me. and new fallout from speaker pelosi s visit to taiwan after china held its biggest-ever military drills in the taiwan strait. this morning, china now halting military and climate talks with the u.s., and sanctioning speaker pelosi. the white house summoning the chinese ambassador to the white house to
with. but to work, to survive, it was something that i had to learn, to then learn to be whatever black was. yes, jena. watch the culture is latina sunday 10:00 p.m. eastern, 7:00 p.m. pacific on msnbc and streaming on peacock. that wraps up the hour for me. i m jose diaz-balart. i ll see you tomorrow night on nbc nightly news saturday. thank you for the privilege of your time. andrea mitchell picks up with more news right now. good friday morning. i m andrea mitchell in washington, kicking off a special two-hour edition of andrea mitchell reports. we start with big economic news, with even bigger implications for this white house. more than half a million jobs added in july outpacing expectations and defying signs that the economic recovery from the pandemic is losing steam.