cbs news business analyst jill schlesinger says not having a will is a big, big mistake. perience after being, how shall we say being harassed by you, i have a will but i have no idea where it is. you look appalled and said you got take care of that. under jill's guidance i contact ad lawyer who you recommended. she's great. i now have a will. a fully proper will. but why is it so important to do that? regardless of your income, regardless of what you do. >> you know, think of a will as your instruction manual when you pass away and it's sovy all the that people know what your wishes are. there are three basic documents. a will. the legal instrument that essentially says to the world here's where my stuff goes and to whom it goes. there are two other document that are so important right now, especially. one is called a durable powerful attorney. that allows somebody to act on your behalf for a financial matter. so maybe if you're laid up and sick and need to make a change in your retirement account or respond to a tax inquiry from the irs. of course, the health care proxy

cbs news business analyst jill schlesinger joins us. what are the numbers for june, jill? >> the economy added 4.8 million jobs last month. that is much more than most expected. we thought maybe 3 million, that really lends credence to the fact that the labor market, likely bottomed out in april. job gains in may, job gains in june. now, the unemployment rate. it came in at 11.1%. but once again, the labor department is warning that because of the way that people classify themselves, absent, versus unemplo oymecould be a full percentage point higher. but still the od continued impr one quick note of course, and that is that this report is earlier in the month of june. we do not see the impact of any of these additional lockdowns that are coming online from states and municipalities. >> concerns from economists that the recovery is kind of leveling off. are you hearing that, jill? >> well, absolutely. i think the fear is that we could see what we would almost call like a -- truncated w recovery. you go down really deep and you bungee cord back up very dramatically. and mayb

so will the economy. >> all right, jill schlesinger, thank you jill.age will continue on the 24 hour streaming network cbsn. you can watch it at cbsnews.com or the cbs news app. more to come on the local news onhe cbs "eveningon and tonight "cbs this morning." this has been a cbs news special report. i'm anthony mason, cbs news, new york. >>> all right, i'm anne makovec at the live news desk. and let's take a live look in atlanta this morning outside the ebenezer baptist church. where the late congressman john lewis we don't have that live shot for you unfortunately. is going to be eulogized this morning before he is laid to rest this afternoon. three former presidents are going to be in attendance. george w. bush, bill clinton, and barack obama. this is going to be a private funeral in the church where martin luther king jr. used to hold services. this is going to mark an end of series of events over the past week honoring the late congressman who died at age 80. we're going to carry that ceremony live for you later this morning. here on kpix 5 and on

. >>> jill schlesinger has advice for students. >>> and lessons from selma.ontinues after his death. from a cbs reporter. >>> he's got a story to tell. but first, here's toyedday's "e opener at 8." >> president trump is resuming the coronavirus briefings. >>> teachers in florida try to stop school openings among the pandemic. >> the governor is saying schools have to reopen for in-person classes. he's been almost as strong about that as mask mandates. >> if we want to get back to school, to worship, to regular life, folks need to wear face coverings and practice social distancing. >>> what if they made a mask that people actually wanted to wear? think about it. manager fun? fashionable? even sexy? >>> summer's here and the heat is up. you need a face mask that's barely there. you need the maskini. get the mask the centers for disease control call 100% sexy. >> and they're not just for women. >> they kind of are. >> they are? >> yeah. >>> this morning's "eye opener at 8" is presented by capital one. >>> welcome back. i'm thinking conan has a different idea of

cbs news business analyst jill schlesinger joins us now to discuss and sort it all out for us. here we are. even though we have the two extra, three extra month, people are still not ready. what do we need to know at this point? >> i think if the pandemic has shown us anything around tax time, it is that filing and paying electronically is preferred. you mentioned that number of millions of people waiting for their refunds. we know the irs has said that's of may the middle of may 4.7 million paper returns hadn't been touched yet. so before you start, get your documentation together. fire up your computer. and you want to file electronically. if you make less than $69,000, you're adjusted gross income you're entitled to free software through the irs. just search irs free file. if you do owe money -- not everybody does, more people get refunds than not but if you do owe money you can also do that alexandr electronically. some people get freaked out, sent paper checks out earlier in the spring and got no acknowledgement from the irs no check being cashed. my check was cashed so ca

. >> jill schlesinger, thank you very much, jill. about >>> school leaders across the country are still working out details on how and if children will return to classrooms this fall or will they learn remotely. "wonder years" actress and bestselling author danica mckellar has written ten books that are intended to make s.t.e.m. fun and engaging for children of all ages. she's out with "the times machine." aims to teach second to fifth graders multiplication and division. i -- i can't do it. i can't say it. you've going to have to help with all of it. she joins us from los angeles. >> my pleasure. >> thank you for getting up early with us. so right now we would be in the summer slide. people forget things from school. now we have the covid slide. how do those slides, those gaps in our learning affect math in particular? >> my goodness. it's been such a tough year for kids, especially in math. math is gift from other subjects because it's cumulative. if there's one thing that you miss or you forget, it affects a lot of other areas, as