u. s. labor department reporting tuesday, there were 11200000 job openings on the last day of july. that's 200000 more than on the final day of june. and roughly 2 openings for every unemployed person in the country. u. s. central bankers have been raising interest rates and a bid to cool demand and curb rising prices. or let's go to our financial correspondent in new york. teddy austro teddy. i think we'll see him in just a moment. there is teddy business, are still looking for workers despite an economy that is cooling, which we read into these new figures. well, what they say is that we do have a booming labor market despite the federal interest rate hikes, which have been affecting the economy affecting the housing markets as well as the tech sector, for example, which have rolled out a number of a lay offs, but it's as you said, we're looking at 2 jobs per worker here in the united states, and that is given workers the upper hand. it is easier for them to find jobs to negotiate higher wages where even seeing a number of workplaces try to unionize. now, why is this the case? at

u. s. labor department reports that employers created 528,000 jobs last month. the unemployment rate now matches the rate the us experienced before the pandemic . this unexpected growth comes as fears are mounting about a possible recession. all right, for more perspective. we're joined now. by morgen. stanley wealth advisor george no chetty to help us understand some of these mixed messages were getting on the economy right now , george always good to see you. so how how do these remarkable. other or not, we're in a recession. but this jobs report came in hot. i mean, burning hot, and that's in spite of all the recession talk that we've had past few weeks. the inflation talk coronavirus talk , and it's exactly the opposite of what the federal reserve wants to do. they want to slow the economy down, but it's on fire. in terms of, you know, job development, and it's jenna mentioned. we have more people working out that we did. prior to covid, and there's really you know, zero science of this slowing down. the problem we have is really supply. there's just not eno

that's happening even as the labor department reports u. s employers have added 528,000 jobs in the last week of july, a strong increase despite fears of an economic slowdown. a new indictment in the thwarted assassination attempt of a former trump security advisor and the second murder for hire plot with the million dollar price tag. and he says he caught it all on camera . the husband pressing charges after he says his wife poured drano in his drink. and a barrier weather. lots of sunshine today. in fact, another mile to warm day here's our live camera, looking outside toward the oakland estuary. still in the clear and a little bit of a warm up as we head toward the weekend weekend for years, california's non-gaming tribes have been left in the dust. wealthy tribes with big casinos make billions, while small tribes struggle in poverty. prop 27 is a game changer. 27 taxes and regulates online sports betting to fund permanent solution to homelessness. while helping every tribe in california. so who's attacking prop 27? wealthy casino tribes w

today, the labor department will release a report that is known as a strong indicator of the health of the u. s job market, the job openings and labor turnover survey is better known as the jolts report. it will show the number of job openings available across the country during the month of june. that number was 11.2 million in may, which was a considerable drop from the 11.7 million figure in april. alright time is 408 that leads us right to steve paulson here to tell you it feels a little more humid around his definitely mcgee human, no doubt about it. although a lot of cloud cover has left the area moved north. there's still some to the south and some moving especially southward. maybe down towards santa clara valley. but overall , we are getting a break right now. just a few clouds and mostly clear out there, but still a lot of moisture on the way up the remains of what was at one time hurricane frank kind of lifting northward. some of that may impact us later today that later this afternoon tonight into tomorrow, but it looks like it's probably going to going to miss most of us here. 60 s