Unemployment rate dips to 3.5%, lowest level in 50 years

The Situation Room with Wolf Blitzer and Pamela Brown

CNN

News

3.2 • 865 Ratings

🗓️ 6 August 2022

⏱️ 79 minutes

🔗️ Recording | iTunes | RSS

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Summary

A new jobs report shows hiring in the United States was hot in July, throwing cold water on recession fears but adding to concerns about inflation. Also, U.S. and Chinese tensions rise after Beijing’s missile fire near Taiwan and its new sanctions against Nancy Pelosi. Plus, Moscow says it is ready to discuss a proposed prisoner swap that could lead to the release of WNBA star Brittney Griner. To learn more about how CNN protects listener privacy, visit cnn.com/privacy Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0	At Barclays, we're here for every goal.
0:06.4	We're here for the Premier League,
0:09.0	and the Barclays Women's Super League.
0:12.0	We're here for the football chance for giving more girls a chance.
0:18.0	We're here for the grassroots and all the muddy boots. From schools to stadiums, we're here for it all.
0:27.6	Barclays, here for every goal.
0:37.9	Happening now a stunning new jobs report shows hiring here in the United States was hot in July throwing cold water on recession fears but adding to concerns about inflation.
0:45.0	Also tonight, U.S. China tensions rise even higher
0:49.0	after Beijing's missile fire near Taiwan
0:52.0	and its new sanctions against the House Speaker Nancy Pelosi.
0:55.2	We're tracking all the fallout from Pelosi's Taiwan trip.
0:59.9	And now that Brittany Griner has been sentenced to nine years in a Russian prison,
1:04.8	Moscow says it's ready to discuss a proposed prisoner swap
1:08.9	that could lead to the W&BA Stars release.
1:12.0	I'll discuss that and more with White House official,
1:15.0	John Kirby, he's standing by live.
1:17.0	Welcome to our viewers here in the United States
1:19.5	and around the world.
1:20.9	I'm Wolf Plitzer, you're in the situation, world. I'm Wolf Blitzer, you're in the situation.
1:23.0	Surprisingly strong new jobs are you're in the situation.
1:30.0	Surprisingly strong new jobs numbers are capping off what has been a big week for the
1:35.2	Biden administration.
	...

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