Trump Celebrates Surprise Job Numbers That Show USA Is Officially Back

0
335

President Trump seemed to be surprised himself at the blowout job numbers that make clear America is officially back.

“Really Big Jobs Report. Great going President Trump (kidding but true)!” Trump tweeted Friday morning just. “THESE NUMBERS ARE INCREDIBLE! @MariaBartiromo.”

“It’s a stupendous number. It’s joyous, let’s call it like it is. The Market was right. It’s stunning! @jimcramer @CNBC”

“I am so stunned. I’ve never seen numbers like this and I’ve been doing this for 30 years! Steve M. @MariaBartiromo”

From The Hill:

Trump later said he would be holding a news conference on the jobs numbers at the White House at 10 a.m.

The Labor Department released data showing that the U.S. added 2.5 million jobs during the month of May as businesses began to reopen amid the coronavirus pandemic. The unemployment rate dropped to 13.3 percent from 14.7 percent in April, coming as a major surprise to economists. Trump’s own White House advisers had previously predicted the unemployment rate could exceed 20 percent during the month of May.

The economy is a key prong of the president’s reelection effort. Trump consistently touted the low unemployment rate before the pandemic hit, and has promised a “transition to greatness” as states loosen restrictions meant to curb the spread of the virus.

Trump tweeted Friday that the new jobs report had Democrats “worried again,” suggesting that presumptive Democratic nominee Joe Biden would “kill” the recovery.

Trump has been optimistic about the ability for the U.S. economy to quickly recover as the pandemic eases and his advisers have predicted that the third and fourth quarters will see the U.S. make significant progress in regaining jobs after the coronavirus caused businesses to shut down.

Some economists, however, have described the White House’s predictions as overly optimistic, saying that the U.S. will likely see swift job gains in the summer months but that it will be a long process – potentially years — for the U.S. to return to the level of employment pre-pandemic.

LEAVE A REPLY

Please enter your comment!
Please enter your name here