Donald Trump Rose Garden Washington city Washington covid-19 pandemic economy Donald Trump Rose Garden Washington city Washington

Trump takes victory lap on jobs report, but rate still high

Reading now: 663
www.clickorlando.com

WASHINGTON – WASHINGTON (AP) — President Donald Trump took a victory lap Friday morning after the government reported surprising job gains for last month, seizing on the data to predict that the worst of the coronavirus pandemic and its economic disruption was in the rear-view mirror.

The unemployment rate dropped to a better-than-expected 13.3%, but that is still on par with what the nation witnessed during the Great Depression.

Trump spoke from the Rose Garden hours after the Labor Department said that U.S. employers added 2.5 million workers to their payrolls last month.

Economists had been expecting them instead to slash another 8 million jobs amid the ongoing fallout from the response to the pandemic. “This shows that what we’ve been.

Read more on clickorlando.com
The website covid-19.rehab is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA