July's jobs report beat expectations, showing the U.S. economy added 528,000 jobs last month, versus the 258,000 expected. The report defies other signals that the economy is and could slow down further. But even as the labor market is strong, some demographics struggle to secure jobs. William M. Rodgers III, Vice President and Director of the Institute for Economic Equity at the Federal Reserve Bank of St. Louis, joins Closing Bell to discuss July's report, why job equity is still up in the air, wage growth, and more.