Trump Says US Economy Back To ‘Rocket’ Mode After Good Jobs Report
In this file photo US President Donald Trump gives a thumbs-up during a “Keep America Great” campaign rally at Wildwoods Convention Center in Wildwood, New Jersey, January 28, 2020.President Donald Trump declared the US economy in “rocket” mode Friday after data showed a surprising recovery in the coronavirus-ravaged jobs market — lifting his own sinking reelection chances in the process.
Despite calling a press conference, Trump took no questions from reporters about the coronavirus pandemic and nationwide unrest over the brutal death in police custody of a black man, George Floyd. Now with hard data to back his prediction that economic devastation from the coronavirus shutdown will quickly ease, Trump feels his political mojo coming back.
Trump then flew off for the day to Maine, a state he hopes will help carry him over the top in a tight race against Biden.The Labor Department attributed the job improvements to “a limited resumption of economic activity that had been curtailed in March and April due to the coronavirus pandemic and efforts to contain it.”
But with a massive $3 trillion infusion of government aid, and trillions more in lending to businesses, economists say it is likely firms were able to bring workers back.
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