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the jobs report showing u.s employers added 528 000 jobs in july more than double the 250 000 economists were expecting the unemployment rate also edged down to 3.5 percent business reporter alexis christopher joins me live now for more on this alexis economists we're predicting that hiring would be steady but slow what do these numbers tell you then about labor market and you know we keep hearing about fears about a potential recession what do these numbers say about that diane i have to tell you when these numbers crossed this morning i had to do a double take because they are incredibly strong as you said double what wall street was expecting 528 000 jobs added which means we have basically regained all the jobs we lost during the pandemic the unemployment rate inching down to three and a half percent that's right where we were before the pandemic hit and it is a half century low what this tells us is that despite all the talk of a recession despite two back-to-back quarters of a c...